Fluidstack 366 MW lease agreement
Company: TeraWulf
The claim, verbatim
Signed 366 MW Fluidstack leases at $1,154
Source (primary)
Q4 Earnings Update Presentation (IR page (investors.terawulf.com), ir_presentation)
View cached copy (2026-09-01)Live source ↗
Quote: “Signed 366 MW Fluidstack leases at $1,154”
How we checked this
Checked on October 10, 2026. The cited source supports part of this claim, but not all of it.
The presentation lists signing 366 MW of Fluidstack leases. The '$1,154' sits next to that text only because of how the chart was extracted; elsewhere in the document $1,154 is a Flash Compute capital-structure line item, not a stated lease price.
Confirmed in the source:
- TeraWulf signed 366 MW of Fluidstack leases
We could not confirm this from the cited source:
- The 366 MW Fluidstack leases were signed at a price or value of $1,154
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://d1io3yog0oux5.cloudfront.net/_0c87b48cb4d1c6967968c7d0c3e5933d/terawulf/db/2396/23307/pdf/TeraWulf_Q4_2025_Investor_Presentation_%28Feb_2026%29.pdf) in full (28,069 characters, retrieved September 1, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Q4 Earnings Update Presentation
Quote: “Signed 366 MW Fluidstack leases at $1,154”