$4–4.5B investment in initial data halls
Company: TeraWulf
The claim, verbatim
Per the Kentucky PSC, at expected costs of $10–12M per MW of critical IT load, TeraWulf will invest between $4 billion and $4.5 billion in initial data halls and site development.
Source (primary)
Amended Kentucky Power deal lifts TeraWulf’s Muskie campus to 1 GW - W.Media (-, news_article)
View cached copy (2026-10-09)Live source ↗Archive.org ↗
Quote: “TeraWulf will invest between US$ 4 billion and US$ 4.5 billion in the initial data halls and site development.”
How we checked this
Checked on October 14, 2026. The cited source supports every part of this claim.
The article cites the Kentucky PSC for the $10–12M per MW cost basis and the resulting $4–4.5B investment estimate.
Confirmed in the source:
- The figure is attributed to the Kentucky PSC
- Expected development costs are $10–12 million per MW of critical IT load
- TeraWulf will invest between $4 billion and $4.5 billion in initial data halls and site development
What we did: Read our cached copy of the publisher (https://w.media/amended-kentucky-power-deal-lifts-terawulfs-muskie-campus-to-1-gw/) in full (7,116 characters, retrieved October 9, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Amended Kentucky Power deal lifts TeraWulf’s Muskie campus to 1 GW - W.Media
Quote: “TeraWulf will invest between US$ 4 billion and US$ 4.5 billion in the initial data halls and site development.”