Akela Fluidstack lease for 378 MW
Company: TeraWulf - Project: Akela Data
The claim, verbatim
Akela committed to provide 378 MW of critical IT load to Fluidstack under three data center lease agreements, with delivery expected to commence in 2026
Source (primary)
TeraWulf 10-K filed 2026-02-27 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “Under the Akela Fluidstack Leases, we will provide 378 MW of critical IT load at the Lake Mariner Data Campus”
How we checked this
Checked on September 16, 2026. The cited source supports every part of this claim.
The filing states the three Akela leases with Fluidstack, the 378 MW figure, and the 2026 delivery start.
Confirmed in the source:
- Akela entered into three data center lease agreements with Fluidstack in August 2025
- TeraWulf will provide 378 MW of critical IT load at Lake Mariner under those leases
- Delivery under the Akela Fluidstack Leases is expected to commence in 2026
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1083301/000108330126000031/wulf-20251231.htm) in full (490,491 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms TeraWulf 10-K filed 2026-02-27
Quote: “Under the Akela Fluidstack Leases, we will provide 378 MW of critical IT load at the Lake Mariner Data Campus”