Fluidstack CB-5 exclusivity
Company: TeraWulf - Project: Lake Mariner Anthropic AI Factory
What the later record shows
Delivered on time · happened August 17, 2025
Within the 30-day window, TeraWulf announced a signed CB-5 lease with Fluidstack for more than 160 MW of critical IT load.
“had entered into a Datacenter Lease Agreement for colocation building number 5 (“CB-5”) (the “Fluidstack Lease”) with Fluidstack USA I Inc.”
2025-08-17 · TeraWulf 8-K filed 2025-08-18 View cached copy (2026-08-31)Live source ↗
“The CB-5 Premises will provide more than 160 megawatts (MW) of critical IT load”
2025-08-17 · TeraWulf 8-K filed 2025-08-18 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
Fluidstack has 30-day exclusivity on further expansion at Lake Mariner with CB-5 (160 MW).
Source (primary)
Q2 Earnings Update Presentation (IR page (investors.terawulf.com), ir_presentation)
View cached copy (2026-10-13)Live source ↗
Quote: “Fluidstack has 30-day exclusivity on further expansion at Lake Mariner with CB-5 (160 MW)”
How we checked this
Checked on October 15, 2026. The cited source supports every part of this claim.
The document states the CB-5 exclusivity verbatim in a footnote on the Lake Mariner slide.
Confirmed in the source:
- Fluidstack has 30-day exclusivity on further expansion at Lake Mariner
- The expansion is CB-5, sized at 160 MW
What we did: Read our cached copy of IR page (investors.terawulf.com) (https://d1io3yog0oux5.cloudfront.net/_513c80c486e62e4bdb70115ded3782f5/terawulf/db/2396/23302/pdf/WULF_Q2_2025_Investor_Update_%28Aug_2025%29vF.pdf) in full (17,599 characters, retrieved October 13, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Q2 Earnings Update Presentation
Quote: “Fluidstack has 30-day exclusivity on further expansion at Lake Mariner with CB-5 (160 MW)”
confirms Fluidstack Deal Presentation
Quote: “Fluidstack has 30-day exclusivity for CB-5, adding potential 160 MW Critical IT Load”
confirms TeraWulf 8-K filed 2025-08-18
Quote: “had entered into a Datacenter Lease Agreement for colocation building number 5 (“CB-5”) (the “Fluidstack Lease”) with Fluidstack USA I Inc.”