Beowulf continues as exclusive operator
Company: TeraWulf - Project: Lake Mariner Anthropic AI Factory
The claim, verbatim
Beowulf (Somerset affiliate) continues as exclusive operator of Somerset Premises unless in material default or with Somerset consent to replacement
Source (primary)
TeraWulf 8-K filed 2024-10-10 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “Beowulf Electricity & Data Inc. ("Beowulf"), an affiliate of Somerset, will continue to act as the exclusive operator of the Premises for TeraWulf, unless Beowulf is in material default of its services or Somerset consents to its replacement”
How we checked this
Checked on September 17, 2026. The cited source supports every part of this claim.
The filing states Beowulf, a Somerset affiliate, remains exclusive operator unless in material default or Somerset consents to replacement.
Confirmed in the source:
- Beowulf Electricity & Data Inc. is an affiliate of Somerset
- Beowulf will continue as exclusive operator of the Premises for TeraWulf
- This continues unless Beowulf is in material default or Somerset consents to its replacement
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1083301/000108330124000136/wulf-20241009.htm) in full (12,787 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms TeraWulf 8-K filed 2024-10-10
Quote: “Beowulf Electricity & Data Inc. ("Beowulf"), an affiliate of Somerset, will continue to act as the exclusive operator of the Premises for TeraWulf, unless Beowulf is in material default of its services or Somerset consents to its replacement”