TeraWulf Signs 20-Year Anthropic Data Center Deal for $19 Billion in Revenue

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TeraWulf has signed a 20-year data center lease with Anthropic to develop AI computing infrastructure in Kentucky, generating $19 billion in projected revenue. The 400-megawatt facility, located approximately one hour southwest of Louisville, is expected to begin operations in late 2027. TeraWulf, a Bitcoin mining company, has transitioned toward AI infrastructure, with its stock rising over 80% this year. AI and crypto news continues to fuel market interest, particularly amid evolving inflation data and growing infrastructure demand.

Odaily Planet Daily reports that Anthropic has signed a 20-year data center lease agreement with TeraWulf to build AI computing infrastructure in Kentucky, USA. The data center is located approximately one hour’s drive southwest of Louisville, with a planned capacity of around 400 megawatts, and initial power supply is expected to begin in the second half of 2027. Under the agreement, the initial lease is projected to generate approximately $19 billion in revenue for TeraWulf.

TeraWulf is a Bitcoin mining company that has been steadily transitioning toward AI data center infrastructure in recent years; its stock has risen over 80% year-to-date, reflecting ongoing market pricing of demand for AI computing infrastructure. (CNBC)

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