Core42 lease commencement in 2025
Company: TeraWulf
What the later record shows
Partly delivered
The Q3 2025 10-Q says certain Core42 leases commenced in 2025, with the remainder of the HPC leases expected in 2026. Earlier materials show WULF Den and CB-1 began recording revenue in July/August 2025, with CB-2 still pending for Q4.
“x WULF Den began recording revenue in July x CB - 1 will begin recording revenue mid - August x CB - 2 on track for Q4 delivery”
2025-08-13 · terawulf 8-K exhibit (tm2523008d1_ex99-3.htm) View cached copy (2026-10-06)Live source ↗
“Certain of the Core42 HPC Leases commenced in 2025 and the remainder of the HPC Leases are expected to commence in 2026.”
2025-11-09 · TeraWulf 10-Q filed 2025-11-10 View cached copy (2026-08-31)Live source ↗
Checked October 18, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.
The claim, verbatim
The Core42 lease agreements are expected to commence at various dates in 2025.
Source (primary)
terawulf 8-K exhibit (a_wulfformearningsrelease2.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-10-18)Live source ↗
Quote: “These lease agreements are expected to commence at various dates in 2025”
How we checked this
This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.
Additional evidence
confirms terawulf 8-K exhibit (a_wulfformearningsrelease2.htm)
Quote: “These lease agreements are expected to commence at various dates in 2025”