jain.com

Q2 2026 customer commitment backlog

Company: TeraWulf

Subject kind
guidance
Statement date
2026-08-20
Promised amount
27000000000.0 USD
Current status
stated

The claim, verbatim

$27 billion in customer commitment backlog as of Q2 2026

Source (primary)

4 Top Neocloud Stocks: How CoreWeave, Nebius, TeraWulf, and IREN Are Financing the AI Boom - MarketWise (-, news_article)
View cached copy (2026-08-31)Live source ↗

Quote: “In its second-quarter earnings report, TeraWulf disclosed a $27 billion backlog and a 2.1 GW pipeline across its sites.”

How we checked this

Checked on September 19, 2026. The cited source supports every part of this claim.

The source states TeraWulf disclosed a $27 billion backlog in its second-quarter earnings report, consistent with Q2 2026 for this August 2026 article.

Confirmed in the source:

What we did: Read our cached copy of the publisher (https://marketwise.com/investing/neocloud-stocks-funding-coreweave-nebius-iren-terawulf/) in full (19,246 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms 4 Top Neocloud Stocks: How CoreWeave, Nebius, TeraWulf, and IREN Are Financing the AI Boom - MarketWise

Quote: “In its second-quarter earnings report, TeraWulf disclosed a $27 billion backlog and a 2.1 GW pipeline across its sites.”

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