Lake Hawkeye campus acquisition
Company: TeraWulf - Project: Lake Hawkeye
The claim, verbatim
Secured 400 MW Lake Hawkeye campus in NYISO
Source (primary)
Q4 Earnings Update Presentation (IR page (investors.terawulf.com), ir_presentation)
View cached copy (2026-09-01)Live source ↗
Quote: “Secured 400 MW Lake Hawkeye campus (NYISO)”
How we checked this
Checked on October 10, 2026. The cited source supports every part of this claim.
The 2025 summary lists 'Secured 400 MW Lake Hawkeye campus (NYISO)', and the capacity table shows Lake Hawkeye at 400 MW gross in NYISO.
Confirmed in the source:
- TeraWulf secured the Lake Hawkeye campus
- Lake Hawkeye is a 400 MW campus
- Lake Hawkeye is in the NYISO market
What we did: Read our cached copy of IR page (investors.terawulf.com) (https://d1io3yog0oux5.cloudfront.net/_0c87b48cb4d1c6967968c7d0c3e5933d/terawulf/db/2396/23307/pdf/TeraWulf_Q4_2025_Investor_Presentation_%28Feb_2026%29.pdf) in full (28,069 characters, retrieved September 1, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Q4 Earnings Update Presentation
Quote: “Secured 400 MW Lake Hawkeye campus (NYISO)”