WULF Den Revenue
Company: TeraWulf - Project: Lake Mariner Anthropic AI Factory
What the later record shows
Not a promise: a reported event · happened July 31, 2025
The August 14, 2025 statement reports that WULF Den had already begun recording revenue in July 2025. The 10-K confirms that HPC leasing operations began in July 2025.
“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
WULF Den began recording revenue in July 2025
Source (primary)
Q2 Earnings Update Presentation (IR page (investors.terawulf.com), ir_presentation)
View cached copy (2026-09-01)Live source ↗
Quote: “WULF Den began recording revenue in July”
How we checked this
Checked on October 10, 2026. The cited source supports every part of this claim.
The August 2025 update states WULF Den began recording revenue in July, following its June 2025 start of operations, which places the month in 2025.
Confirmed in the source:
- WULF Den began recording revenue in July 2025
What we did: Read our cached copy of IR page (investors.terawulf.com) (https://d1io3yog0oux5.cloudfront.net/_0c87b48cb4d1c6967968c7d0c3e5933d/terawulf/db/2396/23302/pdf/WULF_Q2_2025_Investor_Update_%28Aug_2025%29vF.pdf) in full (17,599 characters, retrieved September 1, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Q2 Earnings Update Presentation
Quote: “WULF Den began recording revenue in July”