Chesapeake Data Morgantown MD campus plan
Company: TeraWulf - Project: Chesapeake Data
The claim, verbatim
Chesapeake Data in Morgantown, MD planned as a net generator campus with 1 GW on-site generation, 500 MW battery storage and 1 GW data center load across two phases (each 500 MW generation, 250 MW storage, 500 MW load).
Source (primary)
Q4 Earnings Update Presentation (IR page (investors.terawulf.com), ir_presentation)
View cached copy (2026-10-06)Live source ↗Archive.org ↗
Quote: “1 GW 1 GW 500 MW ON-SITE GENERATION DATA CENTER LOAD BATTERY STORAGE”
How we checked this
Checked on October 13, 2026. The cited source supports every part of this claim.
The Chesapeake Data slide lays out every one of these figures and the two-phase structure.
Confirmed in the source:
- Chesapeake Data is in Morgantown, MD
- It is planned as a net generator campus
- The plan includes 1 GW of on-site generation
- The plan includes 500 MW of battery storage
- The plan includes 1 GW of data center load
- The plan has two phases, each with 500 MW generation, 250 MW storage and 500 MW load
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: “1 GW 1 GW 500 MW ON-SITE GENERATION DATA CENTER LOAD BATTERY STORAGE”