La Lupa Core42 lease for 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 lease with initial ten-year term, with phased deliveries continuing into 2026
Source (primary)
TeraWulf 10-K filed 2026-02-27 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
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”
How we checked this
Checked on September 16, 2026. The cited source supports every part of this claim.
The 10-K states the 60 MW commitment, the ten-year initial term, and that the remaining Core42 lease phases are expected to commence in 2026.
Confirmed in the source:
- La Lupa entered into long-term data center lease agreements with Core42 in December 2024
- TeraWulf committed to deliver 60 MW of critical IT load under the Core42 Leases
- The Core42 Leases have an initial ten-year term
- Certain Core42 Leases commenced in 2025 and the remainder are expected to commence in 2026
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1083301/000108330126000031/wulf-20251231.htm) in full (490,491 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms TeraWulf 10-K filed 2026-02-27
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”