HPC Capex Per Critical MW
Company: TeraWulf
The claim, verbatim
Updated capex guidance of approximately $7.2M per critical MW for HPC infrastructure build
Source (primary)
Investor Presentation (IR page (investors.terawulf.com), ir_presentation)
View cached copy (2026-09-01)Live source ↗Archive.org ↗
Quote: “CapEx per Critical MW ~$7.2M/MW”
How we checked this
Checked on October 10, 2026. The cited source supports every part of this claim.
The HPC cost-to-build slide lists updated guidance of CapEx per Critical MW of ~$7.2M/MW.
Confirmed in the source:
- Updated guidance gives CapEx of approximately $7.2M per critical MW
- The guidance applies to the HPC infrastructure build
What we did: Read our cached copy of IR page (investors.terawulf.com) (https://d1io3yog0oux5.cloudfront.net/_0c87b48cb4d1c6967968c7d0c3e5933d/terawulf/db/2396/23301/pdf/WULF_Q1_2025_Investor_Pres_vF.pdf) in full (23,307 characters, retrieved September 1, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Investor Presentation
Quote: “CapEx per Critical MW ~$7.2M/MW”
