CB-2 HPC operational in Q2 2025
Company: TeraWulf
What the later record shows
The date slipped · new target December 31, 2025
Total energized HPC capacity was only 22.5 MW in the November 2025 filing, so the 50 MW CB-2 was not operating by its Q2 2025 date. In May 2025 the company still described its 72.5 MW of contracted capacity as expected online in 2025.
“72.5 (gross) / 60 (net) MW contracted and expected online in 2025”
2025-05-08 · Investor Presentation View cached copy (2026-09-01)Live source ↗Archive.org ↗
“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-2, with 50 MW of capacity, to be operational in Q2 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-2: 50 MW expected to be operational in Q2 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-2: 50 MW expected to be operational in Q2 2025”
delays 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.”
delays Investor Presentation
Quote: “72.5 (gross) / 60 (net) MW contracted and expected online in 2025”