Lake Mariner expansion capacity target
Company: TeraWulf - Project: Lake Mariner Anthropic AI Factory
The claim, verbatim
Lake Mariner undergoing phased expansion to support approximately 500 MW gross capacity near-term, with potential expansion to approximately 750 MW
Source (primary)
TeraWulf 424B5 filed 2026-04-15 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “The campus is undergoing phased expansion to support additional HPC contracted deployments with gross capacity of approximately 500 MW in the near term, with potential expansion to approximately 750 MW, subject to additional approvals from the NYISO.”
How we checked this
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Additional evidence
confirms TeraWulf 424B5 filed 2026-04-15
Quote: “The campus is undergoing phased expansion to support additional HPC contracted deployments with gross capacity of approximately 500 MW in the near term, with potential expansion to approximately 750 MW, subject to additional approvals from the NYISO.”