TeraWulf jumps on $19 billion data center lease deal with Anthropic

Close Top Stories Asia East Asia Singapore World Commentary CNA Explains Sustainability Business Sport Latest News Insider TODAY Big Read Up Close In Pixels Ground Up Voices Adulting Mental Health Matters Watch Live TV News Reports Documentaries & Shows TV Schedule Listen CNA938 Live Podcasts Radio Schedule Special Reports Singapore Parliament Mental Health Interactives Lifestyle Entertainment Women Wellness Living Style & Beauty Dining Travel Luxury Experiences Obsessions People Remarkable Living Sustainability Newsletters CNA Eyewitness Send us a news tip Events & Partnerships Branded Content Business Blueprint Health Matters The Asian Traveller Brand Studio Learning Minds Weather Edition: Singapore Indonesia Asia World Search Trending Topics CNA Explains China artificial intelligence Indonesia Malaysia podcasts Wellness Thailand Japan Follow CNA Follow our news Facebook X Youtube LinkedIn RSS Close Top Stories Asia East Asia Singapore World Commentary CNA Explains Sustainability Business Sport Latest News Insider TODAY Big Read Up Close In Pixels Ground Up Voices Adulting Mental Health Matters Watch Live TV News Reports Documentaries & Shows TV Schedule Listen CNA938 Live Podcasts Radio Schedule Special Reports Singapore Parliament Mental Health Interactives Lifestyle Entertainment Women Wellness Living Style & Beauty Dining Travel Luxury Experiences Obsessions People Remarkable Living Sustainability Newsletters CNA Eyewitness Send us a news tip Events & Partnerships Branded Content Business Blueprint Health Matters The Asian Traveller Brand Studio Learning Minds Weather Edition: Singapore Indonesia Asia World Search Trending Topics CNA Explains China artificial intelligence Indonesia Malaysia podcasts Wellness Thailand Japan Follow CNA Follow our news Facebook X Youtube LinkedIn RSS Recent Searches Trending Topics CNA Explains China artificial intelligence Indonesia Malaysia podcasts Wellness Thailand Japan Advertisement Advertisement Advertisement Business TeraWulf jumps on $19 billion data center lease deal with Anthropic FILE PHOTO: Anthropic logo, a keyboard, and a robotic hand in this illustration taken June 5, 2026. REUTERS/Dado Ruvic/Illustration//File Photo 06 Jul 2026 09:35PM Bookmark Bookmark Share WhatsApp Telegram Facebook Twitter Email LinkedIn Set CNA as your preferred source on Google Add CNA as a trusted source to help Google better understand and surface our content in search results. Read a summary of this article on FAST.

Get bite-sized news via a newcards interface. Give it a try. Click here to return to FAST Tap here to return to FAST FAST July 6 : TeraWulf said on Monday it signed a 20-year lease with Anthropic for data center infrastructure, a deal expected to generate about $19 billion in contracted revenue, sending the bitcoin miner's shares up more than 16 per cent in premarket trading.

The deal secures long-term, recurring revenue for TeraWulf from an AI customer as it shifts away from relying on bitcoin mining, a transition the company said in May would increasingly drive its business.Here are some details:• The Anthropic lease covers a purpose-built AI infrastructure campus at TeraWulf's Justified Data site in Hawesville, Kentucky. CNA Games Guess Word Crack the word, one row at a time Buzzword Create words using the given letters Mini Sudoku Tiny puzzle, mighty brain teaser Mini Crossword Small grid, big challenge Word Search Spot as many words as you can Show More Show Less • The campus will support about 401 megawatts of critical IT load, with initial capacity expected online in the second half of 2027 and full capacity by early 2028.

• Separately, TeraWulf agreed to sell its 50.1 per cent stake in the Abernathy joint venture to an investor group led by partner Fluidstack.• The sale monetizes TeraWulf's roughly $450 million investment at a premium to invested capital and frees up capital for wholly owned AI infrastructure projects.

• As of previous close, TeraWulf shares had gained about 85 per cent year to date. Source: Reuters Newsletter Week in Review Subscribe to our Chief Editor’s Week in Review Our chief editor shares analysis and picks of the week's biggest news every Saturday. Sign up for our newsletters Get our pick of top stories and thought-provoking articles in your inbox Subscribe here Get the CNA app Stay updated with notifications for breaking news and our best stories Download here Get WhatsApp alerts Join our channel for the top reads for the day on your preferred chat app Join here Advertisement Also worth reading Content is loading...

Advertisement Expand to read the full story Get bite-sized news via a newcards interface. Give it a try. Click here to return to FAST Tap here to return to FAST FAST Advertisement Business TeraWulf jumps on $19 billion data center lease deal with Anthropic FILE PHOTO: Anthropic logo, a keyboard, and a robotic hand in this illustration taken June 5, 2026.

REUTERS/Dado Ruvic/Illustration//File Photo 06 Jul 2026 09:35PM Bookmark