Core42 data center lease
Company: TeraWulf - Project: La Lupa
The claim, verbatim
La Lupa committed to deliver 60 MW of critical IT load under long-term data center lease agreements with Core42, with initial ten-year term and two five-year renewal options
Source (primary)
TeraWulf 10-K filed 2026-02-27 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “In December 2024, La Lupa entered into long-term data center lease agreements with Core42 (the "Core42 Leases"), pursuant to which we committed to deliver 60 MW of critical IT load. The Core42 Leases have an initial ten-year term with two five-year renewal options”
How we checked this
Checked on September 16, 2026. The cited source supports every part of this claim.
The 10-K describes the Core42 Leases with the same counterparty, date, capacity, and term structure.
Confirmed in the source:
- La Lupa entered into long-term data center lease agreements with Core42 in December 2024
- TeraWulf committed to deliver 60 MW of critical IT load under the Core42 Leases
- The Core42 Leases have an initial ten-year term
- The Core42 Leases include two five-year renewal options
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1083301/000108330126000031/wulf-20251231.htm) in full (490,491 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms TeraWulf 10-K filed 2026-02-27
Quote: “In December 2024, La Lupa entered into long-term data center lease agreements with Core42 (the "Core42 Leases"), pursuant to which we committed to deliver 60 MW of critical IT load. The Core42 Leases have an initial ten-year term with two five-year renewal options”