MB-5 Mining Expansion Online
Company: TeraWulf - Project: Lake Mariner Anthropic AI Factory
What the later record shows
Not a promise: a reported event · happened April 30, 2025
The May 8, 2025 statement reports that MB-5 had already come online in April 2025. The same-day 10-Q shows mining capacity at 245 MW, up from 195 MW plus 50 MW under construction.
“the Company is currently constructing an additional 50 MW, which we expect to be operational in the first quarter of 2025”
2024-11-11 · TeraWulf 10-Q filed 2024-11-12 View cached copy (2026-08-31)Live source ↗
“As of the date of this Quarterly Report, the facility is operating 245 MW of bitcoin mining capacity.”
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
50 MW MB-5 mining capacity expansion to come online in April 2025
Source (primary)
Investor Presentation (IR page (investors.terawulf.com), ir_presentation)
View cached copy (2026-09-01)Live source ↗Archive.org ↗
Quote: “50 MW (MB-5) expansion online April 2025”
How we checked this
Checked on October 16, 2026. The cited source supports every part of this claim.
TeraWulf's Q1 2025 presentation lists a 50 MW MB-5 expansion online in April 2025 under its bitcoin mining operations and describes MB-5 as a miner building. The presentation is dated May 9, 2025 and reports the expansion as already online, which matches the claim's timing.
Confirmed in the source:
- MB-5 is a 50 MW expansion
- MB-5 is mining capacity (a miner building listed under bitcoin mining operations)
- The MB-5 expansion came online in April 2025
What we did: Read our cached copy of IR page (investors.terawulf.com) (https://d1io3yog0oux5.cloudfront.net/_0c87b48cb4d1c6967968c7d0c3e5933d/terawulf/db/2396/23301/pdf/WULF_Q1_2025_Investor_Pres_vF.pdf) in full (23,307 characters, retrieved September 1, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Investor Presentation
Quote: “50 MW (MB-5) expansion online April 2025”
confirms Investor Presentation
Quote: “50 MW (MB-5) expansion online April 2025”
confirms terawulf 8-K exhibit (wulfq12025investorpresvf.htm)
Quote: “50 MW (MB-5) expansion online April 2025”