CB-1 20 MW HPC facility completion
Company: TeraWulf
What the later record shows
Delivered late · happened August 15, 2025
In May 2025 the 72.5 MW Core42 capacity was still 'expected to come online throughout 2025', so CB-1 was not done in Q1 2025. An August 13, 2025 release said CB-1 would begin recording revenue in mid-August, and the Q3 10-Q confirms some Core42 leases commenced in 2025.
“supporting up to 72.5 MW of data center infrastructure dedicated to GPU compute workloads. This capacity is expected to come online throughout 2025.”
2025-05-08 · TeraWulf 10-Q filed 2025-05-09 View cached copy (2026-08-31)Live source ↗
“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 25, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.
The claim, verbatim
Construction of CB-1, a 20 MW HPC hosting facility with Tier 3-grade redundancy features at Lake Mariner, is on schedule for completion in Q1 2025.
Source (primary)
terawulf 8-K exhibit (wulfopsreport-202410oct2.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-10-25)Live source ↗
Quote: “construction of CB-1, a 20 MW HPC hosting facility with Tier 3-grade redundancy features, is on schedule for completion in Q1 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 (wulfopsreport-202410oct2.htm)
Quote: “construction of CB-1, a 20 MW HPC hosting facility with Tier 3-grade redundancy features, is on schedule for completion in Q1 2025”
confirms TeraWulf 10-Q filed 2025-05-09
Quote: “supporting up to 72.5 MW of data center infrastructure dedicated to GPU compute workloads. This capacity is expected to come online throughout 2025.”
confirms TeraWulf 10-Q filed 2025-11-10
Quote: “Certain of the Core42 HPC Leases commenced in 2025 and the remainder of the HPC Leases are expected to commence in 2026.”
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”