CB-3 lease start date moved
Company: TeraWulf
What the later record shows
Delivered late · happened July 31, 2026, new target September 30, 2026
Energized capacity reached only 81 MW at June 30, 2026, about 21 MW above the pre-CB-3 total of 60 MW, and reached 102 MW generating lease revenue in July 2026 with CB-3 operational. A July 2026 lease amendment also shifted CB-3 to Q2-Q3 2026, though no passage gives the exact lease start date and part of CB-3 may have started earlier.
“CB - 3 Q2’26 Q2 - Q3’26 Monthly TFO Rent Increase +~$60MM Revenue (Over 10 - Year Lease)”
2026-08-04 · Q2 2026 Earnings Update Presentation View cached copy (2026-09-01)Live source ↗Archive.org ↗
“As of June 30, 2026, TeraWulf had energized 81 critical IT MW of HPC leasing capacity at the Lake Mariner Data Campus.”
2026-08-04 · TeraWulf 10-Q filed 2026-08-05 View cached copy (2026-08-31)Live source ↗
“102 MW Energized and Generating Lease Revenue as of July 2026”
2026-08-04 · Q2 2026 Earnings Update Presentation View cached copy (2026-09-01)Live source ↗Archive.org ↗
Checked November 5, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.
The claim, verbatim
The estimated lease start date for CB-3 moved from March 15, 2026 to May 2026.
Source (primary)
Q4 Earnings Update Presentation (IR page (investors.terawulf.com), ir_presentation)
View cached copy (2026-11-05)Live source ↗Archive.org ↗
Quote: “CB-3 3/15/26 May”
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 Q4 Earnings Update Presentation
Quote: “CB-3 3/15/26 May”
confirms TeraWulf 10-Q filed 2026-08-05
Quote: “As of June 30, 2026, TeraWulf had energized 81 critical IT MW of HPC leasing capacity at the Lake Mariner Data Campus.”
confirms Q2 2026 Earnings Update Presentation
Quote: “CB - 3 Q2’26 Q2 - Q3’26 Monthly TFO Rent Increase +~$60MM Revenue (Over 10 - Year Lease)”