jain.com

Core42 lease at Lake Mariner

Company: TeraWulf

Subject kind
customer
Statement date
2025-08-14
Promised by
2025-12-31
Promised amount
72.5 MW
Current status
outcome unconfirmed

What the later record shows

Partly delivered · new target March 31, 2026

The 72.5 MW Core42 commitment was not fully deployed in 2025: certain leases commenced that year and only 18 critical IT MW was in place at year-end. Treating the 72.5 MW gross figure and the 60 MW critical IT figure as the same scope is an inference, since no passage equates them.

“we committed to deliver 72.5 MW of HPC hosting capacity at the Lake Mariner Datacenter for GPU compute workloads”
2025-11-09 · TeraWulf 10-Q filed 2025-11-10 View cached copy (2026-08-31)Live source ↗
“Wulf Den & CB-1 delivered (18 MW) ➢ 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 ↗
“Certain of the Core42 HPC Leases commenced in 2025 and the remainder of the HPC Leases are expected to commence in 2026.”
2026-02-27 · View 10-K PDF View cached copy (2026-09-01)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

Core42 has leased 72.5 MW of gross capacity at Lake Mariner, shown as deployed in 2025.

Source (primary)

Q2 Earnings Update Presentation (IR page (investors.terawulf.com), ir_presentation)
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 Q2 Earnings Update Presentation

Quote: “Core42: 72.5 MW in 2025”

View cached copy (2026-11-06)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 — outcome unconfirmed
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.