No speculative data center builds
Company: TeraWulf
The claim, verbatim
CEO Paul Prager said TeraWulf does not build data centers on spec. It secures power, fixed-price construction contracts, long-term investment-grade-backed tenants and financing before building.
Source (primary)
TeraWulf Jumps 7% as CEO Pushes Back on Stranded Data Center Fears; Cipher Digital Rises 3%, Applied Digital Edges Higher - Yahoo Finance (-, news_article)
View cached copy (2026-10-29)Live source ↗
Quote: “We may move dirt early, but we don't build on spec.”
How we checked this
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Additional evidence
confirms TeraWulf Jumps 7% as CEO Pushes Back on Stranded Data Center Fears; Cipher Digital Rises 3%, Applied Digital Edges Higher - Yahoo Finance
Quote: “We may move dirt early, but we don't build on spec.”