Lake Mariner near-term expansion to 500 MW
Company: TeraWulf - Project: Lake Mariner Anthropic AI Factory
The claim, verbatim
Lake Mariner Data Campus is undergoing phased expansion to support approximately 500 MW of gross HPC capacity in the near term
Source (primary)
TeraWulf 10-K filed 2026-02-27 (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”
How we checked this
Checked on September 16, 2026. The cited source supports every part of this claim.
The 10-K describes the phased expansion and the approximately 500 MW near-term gross capacity figure.
Confirmed in the source:
- The Lake Mariner Data Campus is undergoing phased expansion for additional contracted HPC deployments
- Near-term gross capacity at Lake Mariner is approximately 500 MW
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1083301/000108330126000031/wulf-20251231.htm) in full (490,491 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms TeraWulf 10-K filed 2026-02-27
Quote: “The campus is undergoing phased expansion to support additional HPC contracted deployments with gross capacity of approximately 500 MW in the near term”