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$100 million taxpayer funding request for Morgantown acquisition

Company: TeraWulf - Project: Morgantown Generating Station

Subject kind
financing
Statement date
2026-08-24
Promised amount
100000000.0 USD
Current status
stated

The claim, verbatim

TeraWulf sought $100 million in taxpayer money to help cover costs associated with the Morgantown acquisition

Source (primary)

Gov. Wes Moore Campaign Donations From TeraWulf Founder Draw Questions Over Morgantown Project - The BayNet (-, news_article)
View cached copy (2026-09-01)Live source ↗

Quote: “Public Citizen cited nonpublic communications between Prager and Moore that the organization contends show TeraWulf was seeking $100 million in taxpayer money to help cover costs associated with the Morgantown acquisition.”

How we checked this

Checked on September 18, 2026. The cited source supports part of this claim, but not all of it.

The article attributes the $100 million request to Public Citizen's contention in a regulatory filing and does not establish it as fact, whereas the claim states it outright.

Confirmed in the source:

We could not confirm this from the cited source:

That does not mean it is false — only that this source does not establish it, as of the date above. If we find a source that settles it, we will re-check and update this page.

What we did: Read our cached copy of the publisher (https://thebaynet.com/gov-wes-moore-campaign-donations-from-terawulf-founder-draw-questions-over-morgantown-project/) in full (10,631 characters, retrieved September 1, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms Gov. Wes Moore Campaign Donations From TeraWulf Founder Draw Questions Over Morgantown Project - The BayNet

Quote: “Public Citizen cited nonpublic communications between Prager and Moore that the organization contends show TeraWulf was seeking $100 million in taxpayer money to help cover costs associated with the Morgantown acquisition.”

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