Cayuga Phase 3

Company: TeraWulf - Project: Cayuga Site

Subject kind: facility timeline
Statement date: 2025-08-14
Promised by: 2029-12-31
Promised amount: 100.0 MW
Current status: stated

The claim, verbatim

Cayuga Phase 3 will add 100 MW of capacity in 2029

Source (primary)

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

Quote: “+100 MW (2029)”

How we checked this

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

Cayuga's estimated buildout timeline lists +100 MW in 2029 as Phase III, bringing the total to 400 MW.

Confirmed in the source:

Cayuga's estimated buildout includes a Phase III
Phase III adds +100 MW
Phase III is scheduled for 2029

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: “+100 MW (2029)”

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.