Financing secured before major construction; no spec builds
Company: TeraWulf
The claim, verbatim
CEO Paul Prager said TeraWulf secures financing before starting a major build 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 - Yahoo Finance (-, news_article)
View cached copy (2026-10-31)Live source ↗Archive.org ↗
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 CEO Paul Prager Turns Elon Musk’s ‘Stranded Compute’ Warning Into A Buying Pitch - Yahoo Finance
Quote: “We may move dirt early, but we don't build on spec”