Core42 Capacity Lease
Company: TeraWulf - Project: Lake Mariner Anthropic AI Factory
What the later record shows
Partly delivered · new target December 31, 2026
Only some of the Core42 leases commenced in 2025; the remainder are expected to commence in 2026. The capacity is later restated as 60 critical IT MW.
“Certain of the Core42 HPC Leases commenced in 2025 and the remainder of the HPC Leases are expected to commence in 2026.”
2025-11-09 · TeraWulf 10-Q filed 2025-11-10 View cached copy (2026-08-31)Live source ↗
“60 critical IT MW with Core42, commenced in 2025 and commencing in 2026”
2026-02-25 · terawulf 8-K exhibit (a_wulfearningsrelease2026-.htm) View cached copy (2026-09-13)Live source ↗
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
Core42 has leased 72.5 MW of capacity in 2025
Source (primary)
Q2 Earnings Update Presentation (IR page (investors.terawulf.com), ir_presentation)
View cached copy (2026-09-01)Live source ↗
Quote: “Core42 lease for 72.5 MW”
How we checked this
Checked on October 10, 2026. The cited source supports every part of this claim.
The document lists a Core42 lease for 72.5 MW and shows 'Core42: 72.5 MW in 2025' in its capacity overview.
Confirmed in the source:
- Core42 leases 72.5 MW of TeraWulf capacity
- The Core42 capacity is for 2025
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: “Core42 lease for 72.5 MW”
