CB-1 (Lake Mariner) operational in Q1 2025
Company: TeraWulf
What the later record shows
Delivered late
CB-1 missed the Q1 2025 target and was moved to Q3 2025 in the May 2025 presentation. The February 2026 materials report it delivered, with 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
The 20 MW CB-1 colocation building at Lake Mariner is on track to be operational in Q1 2025.
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: “Re-investing the proceeds from this transaction keeps CB-1 is on track to be operational 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 (eh240539927_ex9901.htm)
Quote: “Re-investing the proceeds from this transaction keeps CB-1 is on track to be operational in Q1 2025.”
confirms Investor Presentation
Quote: “Q2 2025: 2.5 MW WULF Den ➢ Q3 2025: 20 MW CB-1 ➢ Q4 2025: 50 MW CB-2”
confirms Q4 Earnings Update Presentation
Quote: “Construction Updates ➢ Wulf Den & CB-1 delivered (18 MW) ➢ CB-2A delivered (21 MW)”