WULF Den HPC Deployment Q2 2025
Company: TeraWulf - Project: Lake Mariner Anthropic AI Factory
What the later record shows
Delivered; the record does not say when
WULF Den was operating and began recording revenue in July 2025, so the deployment happened. The passages do not show whether it was online by the June 30, 2025 target.
“x WULF Den began recording revenue in July x CB - 1 will begin recording revenue mid - August x CB - 2 on track for Q4 delivery”
2025-08-13 · terawulf 8-K exhibit (tm2523008d1_ex99-3.htm) View cached copy (2026-10-06)Live source ↗
“The Company commenced HPC leasing operations at the Lake Mariner Data Campus in July 2025”
2026-02-27 · View 10-K PDF View cached copy (2026-09-01)Live source ↗Archive.org ↗
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
Targeting 2.5 MW critical IT capacity to come online in Q2 2025
Source (primary)
Investor Presentation (IR page (investors.terawulf.com), ir_presentation)
View cached copy (2026-09-01)Live source ↗Archive.org ↗
Quote: “Q2 2025: 2.5 MW WULF Den”
How we checked this
Checked on October 10, 2026. The cited source supports part of this claim, but not all of it.
The document targets WULF Den for Q2 2025 at 2.5 MW, but labels that figure as gross capacity. It lists the critical IT capacity as 2.0 MW.
Confirmed in the source:
- TeraWulf targeted Q2 2025 for the 2.5 MW WULF Den HPC deployment
- The 2.5 MW figure appears on the HPC hosting timeline
We could not confirm this from the cited source:
- The 2.5 MW for WULF Den is critical IT capacity (the document labels the timeline figures as gross load capacity and lists WULF Den at 2.0 MW critical IT)
That does not mean it is false — only that this source does not establish it, as of the date above. If we find a source that settles it, we will re-check and update this page.
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: “Q2 2025: 2.5 MW WULF Den”
confirms View 10-K PDF
Quote: “The Company commenced HPC leasing operations at the Lake Mariner Data Campus in July 2025”
confirms terawulf 8-K exhibit (tm2523008d1_ex99-3.htm)
Quote: “x WULF Den began recording revenue in July x CB - 1 will begin recording revenue mid - August x CB - 2 on track for Q4 delivery”