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Core42 long-term HPC hosting lease

Company: TeraWulf - Project: Akela Data

Subject kind
customer
Statement date
2025-05-08
Promised amount
72.5 MW
Current status
stated

The claim, verbatim

Entered into long-term data center lease agreements with Core42 securing 72.5 MW of HPC hosting capacity at Lake Mariner for GPU compute workloads

Source (primary)

TeraWulf 424B5 filed 2025-05-09 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗

Quote: “on December 23, 2024, when we entered into long-term data center lease agreements with Core42 Holding US LLC ("Core42"), a G42 company specializing in sovereign cloud, AI infrastructure, and digital services, securing 72.5 MW of HPC hosting capacity at Lake Mariner for GPU compute workloads.”

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 424B5 filed 2025-05-09

Quote: “on December 23, 2024, when we entered into long-term data center lease agreements with Core42 Holding US LLC ("Core42"), a G42 company specializing in sovereign cloud, AI infrastructure, and digital services, securing 72.5 MW of HPC hosting capacity at Lake Mariner for GPU compute workloads.”

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