Cayuga Phase 2

Company: TeraWulf - Project: Cayuga Site

Subject kind: facility timeline
Statement date: 2025-08-14
Promised by: 2028-12-31
Promised amount: 162.0 MW
Current status: stated

The claim, verbatim

Cayuga Phase 2 will add 162 MW of capacity in 2028

Source (primary)

Q2 Earnings Update Presentation (IR page (investors.terawulf.com), ir_presentation)
View cached copy (2026-09-01)Live source ↗

Quote: “+162 MW (2028)”

How we checked this

Checked on October 10, 2026. The cited source supports every part of this claim.

Cayuga's estimated buildout timeline lists +162 MW in 2028 as Phase II, bringing the total to 300 MW.

Confirmed in the source:

Cayuga's estimated buildout includes a Phase II
Phase II adds +162 MW
Phase II is scheduled for 2028

What we did: Read our cached copy of IR page (investors.terawulf.com) (https://d1io3yog0oux5.cloudfront.net/_0c87b48cb4d1c6967968c7d0c3e5933d/terawulf/db/2396/23302/pdf/WULF_Q2_2025_Investor_Update_%28Aug_2025%29vF.pdf) in full (17,599 characters, retrieved September 1, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms Q2 Earnings Update Presentation

Quote: “+162 MW (2028)”

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

Record of changes

September 2, 2026 — stated

Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.

October 9, 2026 — stated

Review. statement_date 2026-09-01 was the source's retrieval date; source published 2025-08-14.