Incremental ~400 MW HPC capacity within 24 months
Company: TeraWulf - Project: Lake Mariner Anthropic AI Factory
The claim, verbatim
TeraWulf says it can deliver an incremental ~400 MW of HPC capacity at Lake Mariner within the next 24 months.
Source (primary)
Investor Presentation (IR page (investors.terawulf.com), ir_presentation)
View cached copy (2026-10-13)Live source ↗Archive.org ↗
Quote: “Ability to deliver an incremental ~400 MW of capacity for HPC within the next 24 months”
How we checked this
Checked on October 16, 2026. The cited source supports every part of this claim.
TeraWulf's Q1 2025 investor presentation states twice that it can deliver an incremental ~400 MW of HPC capacity within the next 24 months. It places this alongside the 750 MW of scalable capacity it attributes to Lake Mariner.
Confirmed in the source:
- TeraWulf states it has the ability to deliver an incremental ~400 MW of HPC capacity
- TeraWulf states this capacity can be delivered within the next 24 months
- The capacity is at TeraWulf's Lake Mariner site, which the presentation describes as having ~750 MW of scalable capacity for HPC hosting
What we did: Read our cached copy of IR page (investors.terawulf.com) (https://d1io3yog0oux5.cloudfront.net/_513c80c486e62e4bdb70115ded3782f5/terawulf/db/2396/23301/pdf/WULF_Q1_2025_Investor_Pres_vF.pdf) in full (23,307 characters, retrieved October 13, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Investor Presentation
Quote: “Ability to deliver an incremental ~400 MW of capacity for HPC within the next 24 months”
confirms terawulf 8-K exhibit (wulfq12025investorpresvf.htm)
Quote: “Ability to deliver an incremental ~400 MW of capacity for HPC within the next 24 months”