TeraWulf secures 80-year lease for 400 MW data center expansion

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Go back to TeraWulf secures 80-year lease for 400 MW data center expansion

TeraWulf Secures Long-Term Ground Lease at Cayuga Site to Expand High-Performance Computing Infrastructure

August 14, 2025 7:05 AM EDT

80-Year Lease Unlocks Up to 400 MW of Infrastructure Capacity, Enhancing TeraWulfs Platform for AI and HPC Growth

EASTON, Md., Aug. 14, 2025 (GLOBE NEWSWIRE) -- TeraWulf Inc. (Nasdaq: WULF) (TeraWulf or the Company), a leading owner and operator of vertically integrated, next-generation digital infrastructure powered by predominantly zero-carbon energy, today announced the execution of a long-term ground lease for approximately 183 acres at the Cayuga site in Lansing, New York (the Cayuga Ground Lease). This transaction marks a major step forward in the Companys expansion of high-performance computing (HPC) and AI data center hosting.

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