WULF Den first revenue target
Company: TeraWulf
What the later record shows
Delivered late · happened July 31, 2025
HPC lease revenue for the nine months to September 30, 2025 equals the third-quarter figure, so none was recorded in Q2, and leasing operations commenced in July 2025. No passage names WULF Den specifically, so linking this start to it is an inference.
“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
TeraWulf targets first HPC revenue from the 2.5 MW WULF Den in Q2 2025.
Source (primary)
Investor Presentation (IR page (investors.terawulf.com), ir_presentation)
View cached copy (2026-11-05)Live source ↗Archive.org ↗
Quote: “Q2 2025: 2.5 MW WULF Den”
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 Investor Presentation
Quote: “Q2 2025: 2.5 MW WULF Den”
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”