jain.com

Core42 leased capacity in 2025

Company: TeraWulf

Subject kind
customer
Statement date
2025-09-04
Promised by
2025-12-31
Promised amount
72.5 MW
Current status
verified

What the later record shows

Delivered late · happened March 31, 2026

Only 18 critical IT MW was energized at the end of 2025, with the remaining leases expected to commence in 2026. All Core42 leases had commenced by March 31, 2026, but at 60 critical IT MW; no passage reconciles this with the claimed 72.5 MW, which may be a gross figure.

“Certain of the Core42 HPC Leases commenced in 2025 and the remainder of the HPC Leases are expected to commence in 2026.”
2026-02-26 · TeraWulf 10-K filed 2026-02-27 View cached copy (2026-08-31)Live source ↗
“As of December 31, 2025, the Company had energized 18 critical IT MW of HPC capacity and remains on track to deliver additional contracted capacity”
2026-02-27 · View 10-K PDF View cached copy (2026-09-01)Live source ↗Archive.org ↗
“All of the Core42 Leases have commenced which comprised 60 critical IT MW HPC lease capacity as of March 31, 2026.”
2026-05-07 · TeraWulf 10-Q filed 2026-05-08 View cached copy (2026-08-31)Live source ↗

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

Leased capacity includes 72.5 MW for Core42 in 2025.

Source (primary)

WULF Expands Fluidstack Deal (IR page (investors.terawulf.com), ir_release)
View cached copy (2026-11-06)Live source ↗Archive.org ↗

Quote: “Core42: 72.5 MW in 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 WULF Expands Fluidstack Deal

Quote: “Core42: 72.5 MW in 2025”

View cached copy (2026-11-06)Live source ↗Archive.org ↗

confirms TeraWulf 10-K filed 2026-02-27

Quote: “Certain of the Core42 HPC Leases commenced in 2025 and the remainder of the HPC Leases are expected to commence in 2026.”

View cached copy (2026-08-31)Live source ↗

confirms TeraWulf 10-Q filed 2026-05-08

Quote: “All of the Core42 Leases have commenced which comprised 60 critical IT MW HPC lease capacity as of March 31, 2026.”

View cached copy (2026-08-31)Live source ↗

confirms View 10-K PDF

Quote: “As of December 31, 2025, the Company had energized 18 critical IT MW of HPC capacity and remains on track to deliver additional contracted capacity”

View cached copy (2026-09-01)Live source ↗Archive.org ↗

Record of changes

November 6, 2026 — stated
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.
November 6, 2026 — verified
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.