jain.com

CB-1 20 MW HPC facility completion in Q1 2025

Company: TeraWulf

Subject kind
facility timeline
Statement date
2024-12-02
Promised by
2025-03-31
Promised amount
20.0 MW
Current status
verified

What the later record shows

Delivered late · happened August 31, 2025

An August 2025 presentation says CB-1 would begin recording revenue in mid-August 2025, well after the Q1 2025 target. A July 2026 presentation lists CB-1 as delivered at 16 critical IT MW, which is presumably the critical IT figure for the 20 MW facility.

“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 ↗
“DELIVERED 102 MW ➢ WULF Den (2 MW) ➢ CB - 1 (16 MW) ➢ CB - 2A (21 MW)”
2026-08-04 · Q2 2026 Earnings Update Presentation View cached copy (2026-10-06)Live source ↗Archive.org ↗

Checked October 24, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.

The claim, verbatim

Dry cooler installation is complete for the 20 MW CB-1 HPC facility at Lake Mariner, which is on track for completion in Q1 2025.

Source (primary)

terawulf 8-K exhibit (wulfopsreport-202411nov2.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-10-24)Live source ↗

Quote: “Dry cooler installation is complete for the 20 MW CB-1 facility, which is on track for Q1 2025 completion.”

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 (wulfopsreport-202411nov2.htm)

Quote: “Dry cooler installation is complete for the 20 MW CB-1 facility, which is on track for Q1 2025 completion.”

View cached copy (2026-10-24)Live source ↗

confirms terawulf 8-K exhibit (tm2523008d1_ex99-3.htm)

Quote: “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”

View cached copy (2026-10-06)Live source ↗

confirms Q2 2026 Earnings Update Presentation

Quote: “DELIVERED 102 MW ➢ WULF Den (2 MW) ➢ CB - 1 (16 MW) ➢ CB - 2A (21 MW)”

View cached copy (2026-10-06)Live source ↗Archive.org ↗

Record of changes

October 24, 2026 — stated
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.
October 24, 2026 — verified
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.