Capex per MW of critical IT load
Company: TeraWulf
The claim, verbatim
Capex expected at $8-$10MM per MW of critical IT load.
Source (primary)
Fluidstack Deal Presentation (IR page (investors.terawulf.com), ir_presentation)
View cached copy (2026-10-13)Live source ↗
Quote: “Capex of $8-$10MM per MW of critical IT load”
How we checked this
Checked on October 15, 2026. The cited source supports every part of this claim.
The announcement lists capex of $8-$10 million per MW of critical IT load in its forward-looking cost-structure section.
Confirmed in the source:
- Capex is $8-$10 million per MW of critical IT load
What we did: Read our cached copy of IR page (investors.terawulf.com) (https://d1io3yog0oux5.cloudfront.net/_513c80c486e62e4bdb70115ded3782f5/terawulf/db/2396/23303/pdf/WULF_Fluidstack_Lease_Announcement_%28Aug_2025%29vF.pdf) in full (7,012 characters, retrieved October 13, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Fluidstack Deal Presentation
Quote: “Capex of $8-$10MM per MW of critical IT load”