300 MW operational capacity by end of 2024
Company: TeraWulf
What the later record shows
The date slipped · new target March 31, 2025
In May 2024 the company moved the ~300 MW target to Q1 2025. The Nautilus stake was sold in October 2024, and Q1 2025 operations were 225 MW, so 300 MW was not reached by end-2024.
“bringing TeraWulf’s total operational capacity to approximately 300 MW by the first quarter of 2025”
2024-05-12 · terawulf 8-K exhibit (aex991xearningsreleasexq12.htm) View cached copy (2026-11-06)Live source ↗
“On October 2, 2024, WULF sold 25% equity interest in Nautilus to Talen Energy”
2024-11-11 · terawulf 8-K exhibit (wulfq32024investorpres11.htm) View cached copy (2026-10-25)Live source ↗
Checked November 8, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.
The claim, verbatim
TeraWulf reaffirmed its commitment to reach operational infrastructure capacity of 300 MW by the end of 2024.
Source (primary)
terawulf 8-K exhibit (exhibit991-earningsrelea.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-11-08)Live source ↗
Quote: “the Company reaffirms its commitment to achieving an operational infrastructure capacity of 300 MW by the end of 2024”
How we checked this
Checked on November 9, 2026. The cited source supports every part of this claim.
The release states that the company reaffirms its commitment to 300 MW of operational infrastructure capacity by the end of 2024.
Confirmed in the source:
- TeraWulf reaffirmed its commitment to reach operational infrastructure capacity of 300 MW
- The target date is the end of 2024
What we did: Read our cached copy of SEC EDGAR (8-K Ex) (https://www.sec.gov/Archives/edgar/data/1083301/000108330124000066/exhibit991-earningsrelea.htm) in full (27,213 characters, retrieved November 8, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms terawulf 8-K exhibit (exhibit991-earningsrelea.htm)
Quote: “the Company reaffirms its commitment to achieving an operational infrastructure capacity of 300 MW by the end of 2024”
delays terawulf 8-K exhibit (wulfq32024investorpres11.htm)
Quote: “On October 2, 2024, WULF sold 25% equity interest in Nautilus to Talen Energy”
delays terawulf 8-K exhibit (aex991xearningsreleasexq12.htm)
Quote: “bringing TeraWulf’s total operational capacity to approximately 300 MW by the first quarter of 2025”