La Lupa - Core42 Data Center Lease - 60 MW
Company: TeraWulf - Project: La Lupa
The claim, verbatim
La Lupa committed to deliver 60 MW of critical IT load to Core42 under long-term data center lease agreements with an initial ten-year term and two five-year renewal options
Source (primary)
View 10-K PDF (IR page (investors.terawulf.com), ir_release)
View cached copy (2026-09-01)Live source ↗Archive.org ↗
Quote: “In December 2024, La Lupa entered into long-term data center lease agreements with Core42 (the "Core42 Leases"), pursuant to which we committed to deliver 60 MW of critical IT load. The Core42 Leases have an initial ten-year term with two five-year renewal options and include customary provisions governing operating standards, service levels, and expansion rights.”
How we checked this
Checked on October 10, 2026. The cited source supports every part of this claim.
Every element of the claim appears in the filing's description of the Core42 leases.
Confirmed in the source:
- La Lupa entered into long-term data center lease agreements with Core42
- Under the Core42 leases, TeraWulf committed to deliver 60 MW of critical IT load
- The Core42 leases have an initial ten-year term
- The Core42 leases include two five-year renewal options
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: “In December 2024, La Lupa entered into long-term data center lease agreements with Core42 (the "Core42 Leases"), pursuant to which we committed to deliver 60 MW of critical IT load. The Core42 Leases have an initial ten-year term with two five-year renewal options and include customary provisions governing operating standards, service levels, and expansion rights.”