MTL-3 facility lease and purchase option exercised
Company: WhiteFiber
- Project: MTL-3
This claim was marked delayed on September 2, 2026. Re-verification found the cited source does support this claim. The earlier withdrawal was made in error and has been reversed. Every element of the claim appears in the 10-K, but the attributed quote is a splice that drops intervening text (the Cerebras sentence and the words "exercisable by December 2025") without ellipses, so it is not verbatim.How this was decided: Correction after re-verification. The claim is preserved below exactly as it was originally published, so the record shows what was asserted as well as what became of it.
- Subject kind
- facility timeline
- Statement date
- 2026-03-25
- Promised by
- 2026-06-30
- Promised amount
- 17.3 USD
- Current status
- delayed
The claim, verbatim
WhiteFiber leased MTL-3 facility (7 MW gross Tier-3 data center) in Saint-Jerome, Quebec on April 11, 2025 under lease-to-own structure, exercised fixed-price purchase option of CAD 24.2 million (approximately $17.3 million) on January 14, 2026 with closing expected in Q2 2026
Source (primary)
WhiteFiber 10-K filed 2026-03-26 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “On April 11, 2025, we entered into a lease for a new data center site in Saint-Jerome, Quebec, a suburb of Montreal, MTL-3. The MTL-3 facility spans approximately 202,000 square feet on 7.7 acres and is being developed into a 7 MW (gross) Tier-3 data center. The transaction was executed under a lease-to-own structure, which includes a fixed-price purchase option of CAD 24.2 million (approximately $17.3 million). The option was exercised on January 14, 2026 and the purchase of MTL-3 is expected to close during the second quarter of 2026.”
How we checked this
This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.
Additional evidence
confirms WhiteFiber 10-K filed 2026-03-26
Quote: “On April 11, 2025, we entered into a lease for a new data center site in Saint-Jerome, Quebec, a suburb of Montreal, MTL-3. The MTL-3 facility spans approximately 202,000 square feet on 7.7 acres and is being developed into a 7 MW (gross) Tier-3 data center. The transaction was executed under a lease-to-own structure, which includes a fixed-price purchase option of CAD 24.2 million (approximately $17.3 million). The option was exercised on January 14, 2026 and the purchase of MTL-3 is expected to close during the second quarter of 2026.”
View cached copy (2026-08-31)Live source ↗
Record of changes
September 1, 2026 — statedlater found incorrect
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.
September 2, 2026 — delayedlater found incorrect
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.
September 2, 2026 — withdrawnlater found incorrect
Evidence review against the cited source. The source confirms the April 11, 2025 lease and CAD 24.2M purchase option, but does not contain the claimed exercise date of January 14, 2026 or Q2 2026 closing expectation; it only states December 2025 intent to exercise and a 90-day completion window before the text cuts off.
September 2, 2026 — delayed
Correction after re-verification. Re-verification found the cited source does support this claim. The earlier withdrawal was made in error and has been reversed. Every element of the claim appears in the 10-K, but the attributed quote is a splice that drops intervening text (the Cerebras sentence and the words "exercisable by December 2025") without ellipses, so it is not verbatim.
