Long-term HPC datacenter lease agreements
Company: TeraWulf - Project: Lake Mariner Anthropic AI Factory
What the later record shows
Not a promise: a reported event · happened December 31, 2024
The claim, made in February 2026, reports leases entered into starting December 2024. Filings confirm the Core42 HPC leases were signed in December 2024.
“In December 2024, the Company entered into long-term HPC Leases with a customer for specified data center infrastructure at the Lake Mariner Facility”
2025-05-08 · TeraWulf 10-Q filed 2025-05-09 View cached copy (2026-08-31)Live source ↗
Checked October 9, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.
The claim, verbatim
Entered into long-term datacenter lease agreements with customers for HPC operations at Lake Mariner Data Campus starting December 2024
Source (primary)
View 10-K PDF (IR page (investors.terawulf.com), ir_release)
View cached copy (2026-09-01)Live source ↗Archive.org ↗
Quote: “Starting in December 2024, the Company has entered into long-term datacenter lease agreements with customers for specified datacenter infrastructure at its Lake Mariner Data Campus in upstate New York (the "Lake Mariner Data Campus") to support those customers' HPC operations.”
How we checked this
Checked on October 10, 2026. The cited source supports every part of this claim.
Note 1 of the 10-K states this directly.
Confirmed in the source:
- Starting in December 2024, TeraWulf entered into long-term datacenter lease agreements with customers for datacenter infrastructure at the Lake Mariner Data Campus to support those customers' HPC operations
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: “Starting in December 2024, the Company has entered into long-term datacenter lease agreements with customers for specified datacenter infrastructure at its Lake Mariner Data Campus in upstate New York (the "Lake Mariner Data Campus") to support those customers' HPC operations.”