CEO: expanded power and earlier phase 2 to meet customer demand
Company: TeraWulf - Project: Muskie Data
The claim, verbatim
CEO Paul Prager said expanding contracted power at Muskie and bringing the second phase forward positions TeraWulf to meet strong customer demand.
Source (primary)
TeraWulf Slides 5% Despite Doubling Muskie Power Contract to 1 Gigawatt; Core Scientific Drops 3%, Riot Eases - 24/7 Wall St. (-, news_article)
View cached copy (2026-10-06)Live source ↗Archive.org ↗
Quote: “Paul Prager, TeraWulf's chairman and chief executive officer, stated that expanding contracted power and bringing the second phase forward positions the company to meet strong customer demand.”
How we checked this
Checked on October 9, 2026. The cited source supports every part of this claim.
The article reports Prager's statement, made in the context of the Muskie amendment, that the expanded power and earlier second phase position the company to meet strong customer demand.
Confirmed in the source:
- Paul Prager is TeraWulf's chief executive officer
- Prager stated that expanding contracted power and bringing the second phase forward positions TeraWulf to meet strong customer demand
- The statement refers to the Muskie campus agreement
What we did: Read our cached copy of the publisher (https://247wallst.com/investing/2026/10/05/terawulf-slides-5-despite-doubling-muskie-power-contract-to-1-gigawatt-core-scientific-drops-3-riot-eases/) in full (13,885 characters, retrieved October 6, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms TeraWulf Slides 5% Despite Doubling Muskie Power Contract to 1 Gigawatt; Core Scientific Drops 3%, Riot Eases - 24/7 Wall St.
Quote: “Paul Prager, TeraWulf's chairman and chief executive officer, stated that expanding contracted power and bringing the second phase forward positions the company to meet strong customer demand.”