La Lupa data center additional capacity online
Company: TeraWulf - Project: La Lupa
What the later record shows
Delivered late · happened March 31, 2026
Only 18 critical IT MW of HPC was energized campus-wide at December 31, 2025, so the extra 50 MW was not online by year-end. By March 31, 2026 the campus had 60 MW of HPC capacity, which matches La Lupa's 60 MW Core42 commitment and its contracted delivery window of Jul '25 to Mar '26. That points to late delivery, but no passage names La Lupa's own total, so the match is inferred.
“As of December 31, 2025, the Company had energized 18 critical IT MW of HPC capacity and remains on track to deliver additional contracted capacity”
2026-02-27 · View 10-K PDF View cached copy (2026-09-01)Live source ↗Archive.org ↗
“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.”
2026-02-27 · View 10-K PDF View cached copy (2026-09-01)Live source ↗Archive.org ↗
“As of March 31, 2026, the Lake Mariner Data Campus operated 145 MW of legacy bitcoin mining capacity and had 60 MW of critical IT HPC capacity.”
2026-05-07 · TeraWulf 10-Q filed 2026-05-08 View cached copy (2026-08-31)Live source ↗
“Contract #1 Contracted Delivery Customer Contract #2 Contracted Delivery Customer 60 MW Jul ’25 – Mar ’26”
2026-08-04 · Q2 2026 Earnings Update Presentation View cached copy (2026-09-01)Live source ↗Archive.org ↗
Checked October 9, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.
The claim, verbatim
La Lupa has 22.5 MW online with additional 50 MW delivering around year-end 2025, subject to tenant fit-out requests
Source (primary)
Investor Presentation (IR page (investors.terawulf.com), ir_presentation)
View cached copy (2026-09-01)Live source ↗
Quote: “La Lupa Data LLC ('La Lupa') 22.5 MW online with additional 50 MW delivering around year end subject to tenant fit-out requests”
How we checked this
Checked on October 10, 2026. The cited source supports every part of this claim.
The presentation states La Lupa has 22.5 MW online with another 50 MW delivering around year end, subject to tenant fit-out requests. In this November 2025 presentation, year end refers to 2025.
Confirmed in the source:
- La Lupa has 22.5 MW online
- An additional 50 MW at La Lupa is delivering around year-end
- The additional La Lupa capacity is subject to tenant fit-out requests
- The year-end referred to is 2025, given the November 2025 date of the presentation
What we did: Read our cached copy of IR page (investors.terawulf.com) (https://d1io3yog0oux5.cloudfront.net/_0c87b48cb4d1c6967968c7d0c3e5933d/terawulf/db/2396/23306/pdf/WULF_Q3_2025_Investor_Update_%28Nov_2025%29vF.pdf) in full (31,442 characters, retrieved September 1, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Investor Presentation
Quote: “La Lupa Data LLC ('La Lupa') 22.5 MW online with additional 50 MW delivering around year end subject to tenant fit-out requests”
confirms TeraWulf 10-Q filed 2026-05-08
Quote: “As of March 31, 2026, the Lake Mariner Data Campus operated 145 MW of legacy bitcoin mining capacity and had 60 MW of critical IT HPC capacity.”
confirms Q2 2026 Earnings Update Presentation
Quote: “Contract #1 Contracted Delivery Customer Contract #2 Contracted Delivery Customer 60 MW Jul ’25 – Mar ’26”
confirms View 10-K PDF
Quote: “As of December 31, 2025, the Company had energized 18 critical IT MW of HPC capacity and remains on track to deliver additional contracted capacity”