Core42 data center lease commitment
Company: TeraWulf - Project: La Lupa
The claim, verbatim
La Lupa committed to deliver 60 MW of critical IT load to Core42 under long-term data center lease agreements with an initial ten-year term and two five-year renewal options
Source (primary)
TeraWulf 424B5 filed 2026-04-14 (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 15, 2026. The cited source supports every part of this claim.
The La Lupa section states each of these lease terms.
Confirmed in the source:
- La Lupa entered into long-term data center lease agreements with Core42
- 60 MW of critical IT load was committed under those leases
- The leases have an initial ten-year term
- The leases have two five-year renewal options
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1083301/000110465926043250/tm2611661-3_424b5.htm) in full (221,842 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms TeraWulf 424B5 filed 2026-04-14
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”