Fluidstack 366 MW Lake Mariner lease
Company: TeraWulf - Project: Lake Mariner Anthropic AI Factory
The claim, verbatim
366 MW contracted to Fluidstack (backed by Google), expected online 2026; ~$6.7B total contracted revenues.
Source (primary)
Investor Presentation (IR page (investors.terawulf.com), ir_presentation)
View cached copy (2026-10-06)Live source ↗Archive.org ↗
Quote: “366 MW contracted to (expected online 2026) Fluidstack”
How we checked this
Checked on October 14, 2026. The cited source supports every part of this claim.
The deck lists 366 MW leased by Fluidstack (backed by Google) at Lake Mariner, expected online in 2026, with ~$6.7B in total contracted revenues.
Confirmed in the source:
- 366 MW is contracted to Fluidstack
- Fluidstack is backed by Google
- The 366 MW is expected online in 2026
- The Fluidstack lease carries ~$6.7B in total contracted revenues
What we did: Read our cached copy of IR page (investors.terawulf.com) (https://d1io3yog0oux5.cloudfront.net/_26c9692236622f11a71632d61560402c/terawulf/db/2396/23306/pdf/WULF_Q3_2025_Investor_Update_%28Nov_2025%29vF.pdf) in full (31,442 characters, retrieved October 6, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Investor Presentation
Quote: “366 MW contracted to (expected online 2026) Fluidstack”
confirms Investor Presentation
Quote: “366 MW contracted to (expected online 2026) Fluidstack”