Lake Mariner Data Campus expansion progress
Company: TeraWulf - Project: Lake Mariner Anthropic AI Factory
The claim, verbatim
TeraWulf's present expansion projects for the Lake Mariner Data Campus HPC and AI-focused data center are proceeding on track with management expectations.
Source (primary)
View 10-K PDF (IR page (investors.terawulf.com), ir_release)
View cached copy (2026-09-01)Live source ↗Archive.org ↗
Quote: “While our present expansion projects are proceeding on track with our expectations”
How we checked this
Checked on October 10, 2026. The cited source supports every part of this claim.
The 'on track' statement is made about the company's data center campuses, which the same passage names as including Lake Mariner. The MD&A separately says Lake Mariner deliveries remain on track.
Confirmed in the source:
- TeraWulf states that its present expansion projects are proceeding on track with its expectations
- The data center campuses discussed in that statement explicitly include the Lake Mariner Data Campus
- The filing separately says the company remains on track to deliver additional contracted capacity at Lake Mariner
What we did: Read our cached copy of IR page (investors.terawulf.com) (https://investors.terawulf.com/sec-filings/all-sec-filings/content/0001083301-26-000031/0001083301-26-000031.pdf) in full (556,251 characters, retrieved September 1, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms View 10-K PDF
Quote: “While our present expansion projects are proceeding on track with our expectations”