CB-2 online around year-end 2025
Company: TeraWulf - Project: La Lupa
What the later record shows
Partly delivered · new target March 31, 2026
Only 18 MW (WULF Den and CB-1) was energized at December 31, 2025. By February 2026, CB-2A (21 MW) had been delivered, and the CB-2B 21 MW was expected in Q1 2026, versus a prior lease start of 11/30/25.
“Estimated Lease Start Date Prior Current Late Delivery Credits CB-2 11/30/25 Q1 None”
2026-02-26 · Q4 Earnings Update Presentation View cached copy (2026-09-01)Live source ↗
“CB-2A delivered (21 MW) ➢ CB-2B: 21 MW expected to be delivered in Q1”
2026-02-26 · Q4 Earnings Update Presentation View cached copy (2026-09-01)Live source ↗
“As of December 31, 2025, the Company had energized 18 critical IT MW of HPC capacity”
2026-02-26 · TeraWulf 10-K filed 2026-02-27 View cached copy (2026-08-31)Live source ↗
Checked October 13, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.
The claim, verbatim
CB-2 is anticipated to come online around year-end 2025, subject to tenant fit-out requests.
Source (primary)
Investor Presentation (IR page (investors.terawulf.com), ir_presentation)
View cached copy (2026-10-13)Live source ↗Archive.org ↗
Quote: “CB-2 anticipated to come online around year-end 2025 subject to tenant fit-out requests”
How we checked this
Checked on October 15, 2026. The cited source supports every part of this claim.
The presentation says CB-2 is anticipated to come online around year-end 2025, subject to tenant fit-out requests.
Confirmed in the source:
- CB-2 is anticipated to come online around year-end 2025
- CB-2 timing is subject to tenant fit-out requests
What we did: Read our cached copy of IR page (investors.terawulf.com) (https://d1io3yog0oux5.cloudfront.net/_513c80c486e62e4bdb70115ded3782f5/terawulf/db/2396/23306/pdf/WULF_Q3_2025_Investor_Update_%28Nov_2025%29vF.pdf) in full (31,442 characters, retrieved October 13, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Investor Presentation
Quote: “CB-2 anticipated to come online around year-end 2025 subject to tenant fit-out requests”