Core42 HPC leases commenced
Company: TeraWulf
The claim, verbatim
Core42 Leases commenced in 2025 comprising 18 critical IT MW HPC lease capacity as of December 31, 2025
Source (primary)
View 10-K PDF (IR page (investors.terawulf.com), ir_release)
View cached copy (2026-09-01)Live source ↗Archive.org ↗
Quote: “Certain of the Core42 Leases commenced in 2025 which comprised 18 critical IT MW HPC lease capacity as of December 31, 2025”
How we checked this
Checked on October 10, 2026. The cited source supports part of this claim, but not all of it.
The filing says only some of the Core42 Leases commenced in 2025, totaling 18 MW, with the rest expected in 2026. The claim drops the word 'certain' and so overstates how much had commenced.
Confirmed in the source:
- Certain of the Core42 Leases commenced in 2025
- The Core42 Leases that commenced comprised 18 critical IT MW of HPC lease capacity as of December 31, 2025
We could not confirm this from the cited source:
- That the Core42 Leases as a whole commenced in 2025; the filing says only certain of them did, and the remaining HPC Leases are expected to commence in 2026
That does not mean it is false — only that this source does not establish it, as of the date above. If we find a source that settles it, we will re-check and update this page.
What we did: Read our cached copy of IR page (investors.terawulf.com) (https://investors.terawulf.com/sec-filings/all-sec-filings/content/0001083301-26-000031/0001083301-26-000031.pdf) in full (556,251 characters, retrieved September 1, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms View 10-K PDF
Quote: “Certain of the Core42 Leases commenced in 2025 which comprised 18 critical IT MW HPC lease capacity as of December 31, 2025”