CB-2 start of operations
Company: TeraWulf
What the later record shows
The date slipped · new target March 31, 2026
The Q4 2025 update shows CB-2's estimated lease start moving from 11/30/25 to Q1. CB-2A had been delivered by then, but CB-2B was still expected in Q1, and only 18 critical IT MW of HPC capacity existed at year-end 2025.
“Estimated Lease Start Date Prior Current Late Delivery Credits CB-2 11/30/25 Q1 None”
2026-02-26 · Q4 Earnings Update Presentation View cached copy (2026-10-13)Live source ↗Archive.org ↗
“CB-2A delivered (21 MW) ➢ CB-2B: 21 MW expected to be delivered in Q1”
2026-02-26 · Q4 Earnings Update Presentation View cached copy (2026-10-13)Live source ↗Archive.org ↗
Checked November 6, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.
The claim, verbatim
The CB-2 data centre at Lake Mariner is expected to commence operations in November 2025.
Source (primary)
TeraWulf Sustainable Finance Framework Second Party Opinion 2025 (IR page (investors.terawulf.com), ir_release)
View cached copy (2026-11-06)Live source ↗Archive.org ↗
Quote: “CB-2 is expected to commence operations in November 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 TeraWulf Sustainable Finance Framework Second Party Opinion 2025
Quote: “CB-2 is expected to commence operations in November 2025”
delays Q4 Earnings Update Presentation
Quote: “Estimated Lease Start Date Prior Current Late Delivery Credits CB-2 11/30/25 Q1 None”
