CB-1 revenue start
Company: TeraWulf
What the later record shows
Delivered; the record does not say when
HPC lease revenue was recorded in Q3 2025 and 22.5 MW was energized by November 2025, which is consistent with CB-1 generating revenue. No passage names CB-1 revenue or confirms a mid-August start.
“HPC lease revenue 7,203 — 7,203 — Total revenue $ 50,578 $ 27,059 $ 132,619 $ 105,066”
2025-11-09 · TeraWulf 10-Q filed 2025-11-10 View cached copy (2026-08-31)Live source ↗
“In July 2025, TeraWulf commenced its HPC leasing operations and currently has energized 22.5 MW of HPC leasing capacity at the Lake Mariner Campus.”
2025-11-09 · TeraWulf 10-Q filed 2025-11-10 View cached copy (2026-08-31)Live source ↗
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
CB-1 will begin recording revenue in mid-August 2025.
Source (primary)
Q2 Earnings Update Presentation (IR page (investors.terawulf.com), ir_presentation)
View cached copy (2026-11-05)Live source ↗
Quote: “CB-1 will begin recording revenue mid-August”
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 Q2 Earnings Update Presentation
Quote: “CB-1 will begin recording revenue mid-August”
confirms TeraWulf 10-Q filed 2025-11-10
Quote: “HPC lease revenue 7,203 — 7,203 — Total revenue $ 50,578 $ 27,059 $ 132,619 $ 105,066”