No speculative builds: financing-first development sequence
Company: TeraWulf
The claim, verbatim
CEO Paul Prager said TeraWulf does not build data centers on spec. He said it secures power, fixed-price construction contracts, long-term tenants with investment-grade backing and financing before it builds.
Source (primary)
TeraWulf Jumps 7% as CEO Pushes Back on Stranded Data Center Fears; Cipher Digital Rises 3%, Applied Digital Edges Higher - 24/7 Wall St. (-, news_article)
View cached copy (2026-10-27)Live source ↗Archive.org ↗
Quote: “We may move dirt early, but we don't build on spec.”
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 Jumps 7% as CEO Pushes Back on Stranded Data Center Fears; Cipher Digital Rises 3%, Applied Digital Edges Higher - 24/7 Wall St.
Quote: “We may move dirt early, but we don't build on spec.”