295 MW operational target by YE2024
Company: TeraWulf
What the later record shows
The date slipped
TeraWulf sold its 50 MW Nautilus allotment in October 2024. In November 2024 it reported about 195 MW operational, with the next 50 MW not expected until Q1 2025, so 295 MW was not reached by year-end 2024.
“the Company has a total operational bitcoin mining capacity of approximately 195 MW at the Lake Mariner Facility”
2024-11-11 · TeraWulf 10-Q filed 2024-11-12 View cached copy (2026-08-31)Live source ↗
“with an allotted 50 MW of operational capacity prior to divesting its interest in Nautilus in October 2024”
2025-03-02 · TeraWulf 10-K filed 2025-03-03 View cached copy (2026-08-31)Live source ↗
Checked October 31, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.
The claim, verbatim
TeraWulf targets 295 MW of operational capacity by year-end 2024, up from 245 MW currently operational.
Source (primary)
terawulf 8-K exhibit (ex992-wulfq22024investor.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-10-31)Live source ↗
Quote: “Target 295 MW operational by YE 2024”
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 (ex992-wulfq22024investor.htm)
Quote: “Target 295 MW operational by YE 2024”
delays TeraWulf 10-Q filed 2024-11-12
Quote: “the Company has a total operational bitcoin mining capacity of approximately 195 MW at the Lake Mariner Facility”
delays TeraWulf 10-K filed 2025-03-03
Quote: “with an allotted 50 MW of operational capacity prior to divesting its interest in Nautilus in October 2024”