Lake Hawkeye expansion
Company: TeraWulf - Project: Lake Hawkeye
The claim, verbatim
Lake Hawkeye campus expansion (320 MW critical IT) in 2027+ pipeline
Source (primary)
Q4 Earnings Update Presentation (IR page (investors.terawulf.com), ir_presentation)
View cached copy (2026-09-01)Live source ↗
Quote: “Lake Hawkeye (320 MW)”
How we checked this
Checked on October 10, 2026. The cited source supports every part of this claim.
The presentation lists Lake Hawkeye (320 MW) under its 2027+ pipeline and states that the capacity figures are critical IT MW. The 320 MW is the critical IT figure for a campus of 400 MW gross.
Confirmed in the source:
- Lake Hawkeye is listed with 320 MW in TeraWulf's 2027+ pipeline
- The 320 MW figure is critical IT capacity
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: “Lake Hawkeye (320 MW)”