Chesapeake Data Acquisition
Company: TeraWulf
The claim, verbatim
Chesapeake Data acquisition in Maryland with 1 GW on-site generation and 1 GW data center load capacity pending closing and regulatory approvals
Source (primary)
Q2 2026 Earnings Update Presentation (IR page (investors.terawulf.com), ir_presentation)
View cached copy (2026-09-01)Live source ↗Archive.org ↗
Quote: “Chesapeake Data acquisition pending closing and regulatory approvals...1 GW ON-SITE GENERATION 1 GW DATA CENTER LOAD”
How we checked this
Checked on October 14, 2026. The cited source supports every part of this claim.
The presentation's Chesapeake Data page lists 1 GW on-site generation and 1 GW data center load at the Maryland site, and its footnote says the acquisition is pending closing and regulatory approvals.
Confirmed in the source:
- Chesapeake Data is located in Maryland (Morgantown / Charles County, MD)
- Chesapeake Data is planned for 1 GW of on-site generation
- Chesapeake Data is planned for 1 GW of data center load
- The Chesapeake Data acquisition is pending closing and regulatory approvals
What we did: Read our cached copy of IR page (investors.terawulf.com) (https://d1io3yog0oux5.cloudfront.net/_0c87b48cb4d1c6967968c7d0c3e5933d/terawulf/db/2396/23522/pdf/TeraWulf+Q2+2026+Investor+Presentation.pdf) in full (28,349 characters, retrieved September 1, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Q2 2026 Earnings Update Presentation
Quote: “Chesapeake Data acquisition pending closing and regulatory approvals...1 GW ON-SITE GENERATION 1 GW DATA CENTER LOAD”
confirms Q2 2026 Earnings Update Presentation
Quote: “Chesapeake Data acquisition pending closing and regulatory approvals.”
confirms Q2 2026 Earnings Update Presentation
Quote: “Chesapeake Data acquisition pending closing and regulatory approvals.”