Secured 400 MW Lake Hawkeye campus
Company: TeraWulf - Project: Cayuga Site
The claim, verbatim
TeraWulf secured the 400 MW (gross) Lake Hawkeye campus in NYISO, with 320 MW critical IT in the 2027+ pipeline.
Source (primary)
Q4 Earnings Update Presentation (IR page (investors.terawulf.com), ir_presentation)
View cached copy (2026-10-06)Live source ↗Archive.org ↗
Quote: “Secured 400 MW Lake Hawkeye campus (NYISO)”
How we checked this
Checked on October 14, 2026. The cited source supports every part of this claim.
The presentation states TeraWulf secured the 400 MW Lake Hawkeye campus in NYISO. Its platform table and pipeline slide show 320 MW of critical IT capacity in the 2027+ pipeline.
Confirmed in the source:
- TeraWulf secured the Lake Hawkeye campus
- Lake Hawkeye is 400 MW gross
- Lake Hawkeye is in NYISO
- Lake Hawkeye represents 320 MW of critical IT capacity
- Lake Hawkeye (320 MW) is in the 2027+ pipeline
What we did: Read our cached copy of IR page (investors.terawulf.com) (https://d1io3yog0oux5.cloudfront.net/_26c9692236622f11a71632d61560402c/terawulf/db/2396/23307/pdf/TeraWulf_Q4_2025_Investor_Presentation_%28Feb_2026%29.pdf) in full (28,069 characters, retrieved October 6, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Q4 Earnings Update Presentation
Quote: “Secured 400 MW Lake Hawkeye campus (NYISO)”
confirms Q4 Earnings Update Presentation
Quote: “Secured 400 MW Lake Hawkeye campus (NYISO)”