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Financing secured before major construction starts

Company: TeraWulf

Subject kind
financing
Statement date
2026-10-25
Current status
stated

The claim, verbatim

CEO Paul Prager said TeraWulf secures financing before starting a major building project and does not build data centers on spec.

Source (primary)

TeraWulf CEO Paul Prager Turns Elon Musk’s ‘Stranded Compute’ Warning Into A Buying Pitch - TradingView (-, news_article)
View cached copy (2026-10-27)Live source ↗Archive.org ↗

Quote: “gets funds before starting a big building project. "We may move dirt early, but we don't build on spec," he wrote.”

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 CEO Paul Prager Turns Elon Musk’s ‘Stranded Compute’ Warning Into A Buying Pitch - TradingView

Quote: “gets funds before starting a big building project. "We may move dirt early, but we don't build on spec," he wrote.”

View cached copy (2026-10-27)Live source ↗Archive.org ↗