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Project Nautilus hydroelectric power partnership

Company: TeraWulf - Project: Nautilus

Subject kind
partnership
Statement date
2026-08-24
Current status
stated

The claim, verbatim

Operates flagship Project Nautilus bitcoin mining facility in Tompkins County, New York, powered by hydroelectric energy from New York State Electric & Gas grid

Source (primary)

Deutsche Bank AG Takes $8.01 Million Position in TeraWulf Inc. $WULF - MarketBeat (-, news_article)
View cached copy (2026-08-31)Live source ↗Archive.org ↗

Quote: “One of TeraWulf's flagship projects is "Project Nautilus," located in Tompkins County, New York, which harnesses hydroelectric power sourced from the New York State Electric & Gas (NYSEG) grid.”

How we checked this

Attempted on September 14, 2026. We could not read enough of the cited source to check this claim.

The verification run did not return a result for this claim (claude -p exit 1: b'').

What we did: Read our cached copy of the publisher (https://www.marketbeat.com/instant-alerts/filing-deutsche-bank-ag-takes-801-million-position-in-terawulf-inc-wulf-2026-08-24/) in full (17,789 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms Deutsche Bank AG Takes $8.01 Million Position in TeraWulf Inc. $WULF - MarketBeat

Quote: “One of TeraWulf's flagship projects is "Project Nautilus," located in Tompkins County, New York, which harnesses hydroelectric power sourced from the New York State Electric & Gas (NYSEG) grid.”

View cached copy (2026-08-31)Live source ↗Archive.org ↗