jain.com

Nautilus proceeds to fund CB-1 construction

Company: TeraWulf

Subject kind
financing
Statement date
2024-10-02
Current status
stated

The claim, verbatim

TeraWulf intends to reinvest the Nautilus sale proceeds into building the 20 MW CB-1 HPC/AI facility at Lake Mariner.

Source (primary)

terawulf 8-K exhibit (eh240539927_ex9901.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-10-26)Live source ↗

Quote: “TeraWulf intends to reinvest this capital into the construction of the 20 MW CB-1 facility at Lake Mariner, which is designed for hosting HPC/AI data centers.”

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 (eh240539927_ex9901.htm)

Quote: “TeraWulf intends to reinvest this capital into the construction of the 20 MW CB-1 facility at Lake Mariner, which is designed for hosting HPC/AI data centers.”

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