Expected capital investment in initial data halls and site development
Company: TeraWulf - Project: Justified Data
The claim, verbatim
TeraWulf is expected to invest between 4 billion and 4.5 billion USD in the initial data halls and site development based on development costs of 10-12 million USD per MW
Source (primary)
Kentucky regulators approve 482 MW power deal for TeraWulf’s Justified Data Campus - W.Media (-, news_article)
View cached copy (2026-09-01)Live source ↗
Quote: “The PSC estimates that, based on current expected development costs of between US$ 10 million and US$ 12 million per MW of critical IT load, TeraWulf will invest between US$ 4 billion and US$ 4.5 billion in the initial data halls and site development.”
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Additional evidence
confirms Kentucky regulators approve 482 MW power deal for TeraWulf’s Justified Data Campus - W.Media
Quote: “The PSC estimates that, based on current expected development costs of between US$ 10 million and US$ 12 million per MW of critical IT load, TeraWulf will invest between US$ 4 billion and US$ 4.5 billion in the initial data halls and site development.”