Nautilus 50 MW expansion online in 2025
Company: TeraWulf
What the later record shows
Dropped · happened October 31, 2024
TeraWulf sold its 25% stake in the Nautilus joint venture in October 2024, before the planned 2025 expansion, so it dropped the expansion.
“In October 2024, TeraWulf sold its 25% equity interest in the Nautilus joint venture (the “Nautilus Joint Venture”), reallocating capital to expand its wholly owned infrastructure”
2026-02-27 · View 10-K PDF View cached copy (2026-09-01)Live source ↗Archive.org ↗
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 plans to bring an additional 50 MW of expansion capacity online at the Nautilus Cryptomine Facility in 2025, potentially adding up to 2.5 EH/s of mining capacity at the site.
Source (primary)
terawulf 8-K exhibit (ex991-earningsreleasexq2.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-10-31)Live source ↗
Quote: “TeraWulf's additional 50 MW of expansion capacity at the Nautilus Cryptomine Facility is planned to come online in 2025, potentially increasing TeraWulf's bitcoin mining operating capacity by up to 2.5 EH/s at the site”
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 (ex991-earningsreleasexq2.htm)
Quote: “TeraWulf's additional 50 MW of expansion capacity at the Nautilus Cryptomine Facility is planned to come online in 2025, potentially increasing TeraWulf's bitcoin mining operating capacity by up to 2.5 EH/s at the site”
abandons View 10-K PDF
Quote: “In October 2024, TeraWulf sold its 25% equity interest in the Nautilus joint venture (the “Nautilus Joint Venture”), reallocating capital to expand its wholly owned infrastructure”