WULF Compute capex secured
Company: TeraWulf - Project: La Lupa
The claim, verbatim
Approximately 82% of WULF Compute construction capex (La Lupa CB-2 and Akela CB-3/4/5) is secured.
Source (primary)
Q1 2026 Earnings Update Presentation (IR page (investors.terawulf.com), ir_presentation)
View cached copy (2026-10-06)Live source ↗Archive.org ↗
Quote: “~82% of WULF Compute construction capex secured”
How we checked this
Checked on October 14, 2026. The cited source supports every part of this claim.
The capex summary slide states '~82% of WULF Compute construction capex secured,' and its footnote defines WULF Compute as including La Lupa (CB-2) and Akela (CB-3 + CB-4 + CB-5).
Confirmed in the source:
- Approximately 82% of WULF Compute construction capex is secured
- The WULF Compute figure includes La Lupa (CB-2) and Akela (CB-3, CB-4, CB-5)
What we did: Read our cached copy of IR page (investors.terawulf.com) (https://d1io3yog0oux5.cloudfront.net/_26c9692236622f11a71632d61560402c/terawulf/db/2396/23490/pdf/TeraWulf+Q1+2026+Investor+Presentation+%28May+2026%29.pdf) in full (27,753 characters, retrieved October 6, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Q1 2026 Earnings Update Presentation
Quote: “~82% of WULF Compute construction capex secured”
confirms Q1 2026 Earnings Update Presentation
Quote: “~82% of WULF Compute construction capex secured”