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CB-1 20 MW HPC/AI facility completion Q1 2025

Company: TeraWulf

Subject kind
facility timeline
Statement date
2024-10-03
Promised by
2025-03-31
Promised amount
20.0 MW
Current status
verified

What the later record shows

Delivered late

In May 2025, CB-1 was still only targeted for first revenue in Q3 2025, after the Q1 2025 promise. The February 2026 presentation reports Wulf Den and CB-1 delivered, but gives no exact date.

“Q2 2025: 2.5 MW WULF Den ➢ Q3 2025: 20 MW CB-1 ➢ Q4 2025: 50 MW CB-2”
2025-05-08 · Investor Presentation View cached copy (2026-09-01)Live source ↗Archive.org ↗
“Construction Updates ➢ Wulf Den & CB-1 delivered (18 MW) ➢ CB-2A delivered (21 MW)”
2026-02-26 · Q4 Earnings Update Presentation View cached copy (2026-10-13)Live source ↗Archive.org ↗

Checked October 26, 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/AI facility at Lake Mariner, is on track, with completion and operation expected in Q1 2025.

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: “Construction of CB-1, our 20 MW HPC/AI facility at Lake Mariner, is on track, with completion expected 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 (wulfopsreportsep2410-03x.htm)

Quote: “Construction of CB-1, our 20 MW HPC/AI facility at Lake Mariner, is on track, with completion expected in Q1 2025.”

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

confirms Investor Presentation

Quote: “Q2 2025: 2.5 MW WULF Den ➢ Q3 2025: 20 MW CB-1 ➢ Q4 2025: 50 MW CB-2”

View cached copy (2026-09-01)Live source ↗Archive.org ↗

confirms Q4 Earnings Update Presentation

Quote: “Construction Updates ➢ Wulf Den & CB-1 delivered (18 MW) ➢ CB-2A delivered (21 MW)”

View cached copy (2026-10-13)Live source ↗Archive.org ↗

Record of changes

October 26, 2026 — stated
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.
October 26, 2026 — verified
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.