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La Lupa and Akela contracted critical IT capacity

Company: TeraWulf - Project: Lake Mariner Anthropic AI Factory

Subject kind
facility capacity
Statement date
2026-04-13
Promised amount
438.0 MW
Current status
stated

The claim, verbatim

La Lupa and Akela collectively represent 438 MW of contracted critical IT HPC capacity at Lake Mariner Data Campus with deliveries commencing in 2025 and extending into 2026

Source (primary)

TeraWulf 424B5 filed 2026-04-14 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗

Quote: “Collectively, La Lupa and Akela represent 438 MW of contracted critical IT HPC capacity at the Lake Mariner Data Campus, with some deliveries having commenced in 2025 and others extending into 2026.”

How we checked this

Checked on September 15, 2026. The cited source supports every part of this claim.

The document states the combined 438 MW figure and the 2025–2026 delivery timing.

Confirmed in the source:

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: “Collectively, La Lupa and Akela represent 438 MW of contracted critical IT HPC capacity at the Lake Mariner Data Campus, with some deliveries having commenced in 2025 and others extending into 2026.”

View cached copy (2026-08-31)Live source ↗