Lake Hawkeye/Cayuga Site capacity potential
Company: TeraWulf - Project: Cayuga Site
The claim, verbatim
Lake Hawkeye upon completion of permitting and site development has potential to support up to 400 MW gross capacity, representing approximately 320 MW of contractual critical IT load
Source (primary)
TeraWulf 424B5 filed 2026-04-15 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “Lake Hawkeye ("Lake Hawkeye" or the "Cayuga Site"), a long-term ground lease in Lansing, New York which, upon completion of permitting and site development, has the potential to support up to 400 MW of gross capacity, representing approximately 320 MW of contractual critical IT load.”
How we checked this
Checked on September 15, 2026. The cited source supports every part of this claim.
The filing describes the Cayuga Site's potential of up to 400 MW gross, about 320 MW of critical IT load, after permitting and development.
Confirmed in the source:
- Lake Hawkeye's potential is conditioned on completion of permitting and site development
- Potential to support up to 400 MW of gross capacity
- Representing approximately 320 MW of contractual critical IT load
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1083301/000110465926043376/tm2611661-6_424b5.htm) in full (221,840 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms TeraWulf 424B5 filed 2026-04-15
Quote: “Lake Hawkeye ("Lake Hawkeye" or the "Cayuga Site"), a long-term ground lease in Lansing, New York which, upon completion of permitting and site development, has the potential to support up to 400 MW of gross capacity, representing approximately 320 MW of contractual critical IT load.”