CB-2 Delivery
Company: TeraWulf - Project: Lake Mariner Anthropic AI Factory
What the later record shows
The date slipped · new target December 31, 2026
As of December 31, 2025, only 18 critical IT MW of HPC capacity were energized campus-wide, so the 50 MW CB-2 had not been delivered. The company later cited timing impacts from fit-out changes and said the remaining leases would commence in 2026.
“22.5 MW online with additional 50 MW delivering around year end subject to tenant fit-out requests”
2025-11-09 · terawulf 8-K exhibit (wulfq32025investorupdate.htm) View cached copy (2026-09-27)Live source ↗
“Certain building milestones were sequenced accordingly, and associated timing impacts have been incorporated into the Company’s financial plan.”
2026-02-25 · terawulf 8-K exhibit (a_wulfearningsrelease2026-.htm) View cached copy (2026-09-13)Live source ↗
“As of December 31, 2025, the Company had energized 18 critical IT MW of HPC capacity”
2026-02-27 · View 10-K PDF View cached copy (2026-09-01)Live source ↗Archive.org ↗
Checked October 9, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.
The claim, verbatim
CB-2 is on track for Q4 2025 delivery
Source (primary)
Q2 Earnings Update Presentation (IR page (investors.terawulf.com), ir_presentation)
View cached copy (2026-09-01)Live source ↗
Quote: “CB-2 on track for Q4 delivery”
How we checked this
Checked on October 10, 2026. The cited source supports every part of this claim.
The document states CB-2 is on track for Q4 delivery, and its delivery timeline places the near-term Core42 capacity in 2H 2025.
Confirmed in the source:
- CB-2 is on track for Q4 2025 delivery
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: “CB-2 on track for Q4 delivery”
confirms Q2 Earnings Update Presentation
Quote: “CB-2 on track for Q4 delivery”
delays View 10-K PDF
Quote: “As of December 31, 2025, the Company had energized 18 critical IT MW of HPC capacity”
delays terawulf 8-K exhibit (a_wulfearningsrelease2026-.htm)
Quote: “Certain building milestones were sequenced accordingly, and associated timing impacts have been incorporated into the Company’s financial plan.”
delays terawulf 8-K exhibit (wulfq32025investorupdate.htm)
Quote: “22.5 MW online with additional 50 MW delivering around year end subject to tenant fit-out requests”