CB-1 HPC operational in Q1 2025
Company: TeraWulf
What the later record shows
Delivered late
HPC leasing operations only commenced in July 2025, after the Q1 2025 target, and 22.5 MW was energized by the November 2025 filing. That figure matches 2.5 MW WULF Den plus 20 MW CB-1, but this is an inference because the passage does not name CB-1 or give its date.
“Estimated remaining capital expenditures for WD, CB-1, and CB-2.”
2025-08-17 · terawulf 8-K exhibit (tm2523651d1_ex99-2.htm) View cached copy (2026-10-06)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 expects CB-1, with 20 MW of capacity, to be operational in Q1 2025.
Source (primary)
Nautilus Sale Announcement (IR page (investors.terawulf.com), ir_presentation)
View cached copy (2026-11-05)Live source ↗Archive.org ↗
Quote: “CB-1: 20 MW capacity expected to be operational in Q1 2025”
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 Nautilus Sale Announcement
Quote: “CB-1: 20 MW capacity expected to be operational in Q1 2025”
confirms TeraWulf 10-Q filed 2025-11-10
Quote: “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.”
confirms terawulf 8-K exhibit (tm2523651d1_ex99-2.htm)
Quote: “Estimated remaining capital expenditures for WD, CB-1, and CB-2.”