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Nautilus proceeds to fund CB-1 construction

Company: TeraWulf

Subject kind
financing
Statement date
2024-10-03
Promised amount
20.0 MW
Current status
stated

The claim, verbatim

TeraWulf plans to reinvest the Nautilus sale proceeds into building the 20 MW CB-1 facility at Lake Mariner.

Source (primary)

terawulf 8-K exhibit (wulfopsreportsep2410-03x.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-10-26)Live source ↗

Quote: “The Company plans to reinvest this capital into the construction of the 20 MW CB-1 facility at Lake Mariner”

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 (wulfopsreportsep2410-03x.htm)

Quote: “The Company plans to reinvest this capital into the construction of the 20 MW CB-1 facility at Lake Mariner”

View cached copy (2026-10-26)Live source ↗