Deliver 60 MW critical HPC capacity to Core42 in 2025
Company: TeraWulf - Project: Lake Mariner Anthropic AI Factory
What the later record shows
Partly delivered
TeraWulf committed 60 MW of critical IT load to Core42, but only 18 critical IT MW of HPC capacity was energized by December 31, 2025. The rest was still pending, with remaining leases expected to commence in 2026.
“pursuant to which we committed to deliver 60 MW of critical IT load”
2026-02-27 · View 10-K PDF View cached copy (2026-09-01)Live source ↗Archive.org ↗
“As of December 31, 2025, the Company had energized 18 critical IT MW of HPC capacity and remains on track to deliver additional contracted capacity”
2026-02-27 · View 10-K PDF View cached copy (2026-09-01)Live source ↗Archive.org ↗
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
TeraWulf is on track to deliver 60 MW of critical HPC hosting capacity to Core42 in 2025.
Source (primary)
Investor Presentation (IR page (investors.terawulf.com), ir_presentation)
View cached copy (2026-10-13)Live source ↗Archive.org ↗
Quote: “On track to deliver 60 MW of critical HPC hosting capacity to Core42 in 2025”
How we checked this
Checked on October 15, 2026. The cited source supports every part of this claim.
The presentation states this verbatim.
Confirmed in the source:
- TeraWulf says it is on track to deliver 60 MW of critical HPC hosting capacity to Core42 in 2025
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: “On track to deliver 60 MW of critical HPC hosting capacity to Core42 in 2025”