Core42 expansion option 135 MW gross
Company: TeraWulf
What the later record shows
Outcome not yet confirmed
In November 2025 and February 2026, Core42's Lake Mariner lease was still listed at 60 MW, with other capacity leased to Fluidstack. No passage says whether the 135 MW expansion option was exercised, lapsed, or dropped.
“Lake Mariner Campus – 426 MW Critical IT • 60 MW leased by Core42 (backed by G42)”
2025-11-09 · terawulf 8-K exhibit (wulfq32025investorupdate.htm) View cached copy (2026-09-27)Live source ↗
“60 critical IT MW with Core42, commenced in 2025 and commencing in 2026”
2026-02-25 · terawulf 8-K exhibit (a_wulfearningsrelease2026-.htm) View cached copy (2026-09-13)Live source ↗
Checked October 22, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.
The claim, verbatim
Core42 holds an option to expand by up to 135 MW gross (108 MW critical IT) at market rates, with a 12-month revenue prepayment. Delivery is geared toward end of 2025 to early 2026.
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: “that's geared towards the end of the year, first quarter of 2026, end of 2025, early 2026 in terms of the delivery of that”
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: “that's geared towards the end of the year, first quarter of 2026, end of 2025, early 2026 in terms of the delivery of that”