Total contracted leases and revenue
Company: TeraWulf
The claim, verbatim
TeraWulf has 522 MW of critical IT leased across three long-term leases at two campuses, with ~$13B contracted revenue and 10-25 year base lease terms.
Source (primary)
Q4 Earnings Update Presentation (IR page (investors.terawulf.com), ir_presentation)
View cached copy (2026-10-13)Live source ↗Archive.org ↗
Quote: “522 MW Leased | ~$13B Contracted Revenue”
How we checked this
Checked on October 15, 2026. The cited source supports every part of this claim.
The presentation's contracted platform slide lists 522 MW critical IT leased, 10-25 year base lease terms and about $13B of contracted revenue. It also describes three long-term leases across two campuses.
Confirmed in the source:
- TeraWulf has 522 MW of critical IT capacity leased
- The leases are three long-term data center leases
- The leases span two campuses
- Contracted revenue is approximately $13B
- Base lease terms are 10 to 25 years
What we did: Read our cached copy of IR page (investors.terawulf.com) (https://d1io3yog0oux5.cloudfront.net/_513c80c486e62e4bdb70115ded3782f5/terawulf/db/2396/23307/pdf/TeraWulf_Q4_2025_Investor_Presentation_%28Feb_2026%29.pdf) in full (28,069 characters, retrieved October 13, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Q4 Earnings Update Presentation
Quote: “522 MW Leased | ~$13B Contracted Revenue”