Core42 lease economic terms
Company: TeraWulf
The claim, verbatim
The Core42 lease has a 10-year initial term with two five-year extensions. Revenue is $125 per kW-month, about $1.5M per MW per year, with a 3% annual escalator. It includes a 12-month revenue prepayment, credited back through a 50% net reduction until fully repaid.
Source (primary)
terawulf 8-K exhibit (eh240572111_ex9901.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-10-22)Live source ↗
Quote: “Revenues of $125 per kilowatt-month, which equates to $1.5 million per megawatt per year, with a 3% annual escalator”
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 (eh240572111_ex9901.htm)
Quote: “Revenues of $125 per kilowatt-month, which equates to $1.5 million per megawatt per year, with a 3% annual escalator”