Terawulf Stock Soars on 20-Year Anthropic Agreement

Dow Jones

07/06

Shares of TeraWulf Inc. surged Monday after the Bitcoin miner turned data-center operator announced a 20-year lease agreement with artificial-intelligence start-up Anthropic.

TeraWulf on Monday said it has entered into a 20-year lease agreement with Anthropic for a "purpose-built AI infrastructure campus" at TeraWulf's Kentucky location. The company expects the agreement to generate around $19 billion of contracted revenue over "the initial lease term."

TeraWulf said it expects initial capacity to come online in the second half of 2027 with the full campus operational in 2028.

The company also announced Monday it has agreed to sell its 50.1% ownership in a joint venture established in 2025 to develop a 168 megawatts AI data center campus in Abernathy, Texas. TeraWulf invested $450 million in the join venture.

"The Anthropic lease validates our strategy and establishes a long-duration revenue stream with one of the world's leading AI companies," CEO Paul Prager said in a media release.

Prager added that the lease agreement with Anthropic creates a framework for future expansion.

(END) Dow Jones Newswires

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TeraWulf invested $450 million in the join venture.</p><p style=\"text-align: left;\">&#34;The Anthropic lease validates our strategy and establishes a long-duration revenue stream with one of the world&#39;s leading AI companies,&#34; CEO Paul Prager said in a media release.</p><p style=\"text-align: left;\">Prager added that the lease agreement with Anthropic creates a framework for future expansion.</p><p style=\"text-align: left;\">(END) Dow Jones Newswires</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"WULX","symbol_name":"2倍做多WULF ETF-Tradr","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2649624568","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2649624568","pubTimestamp":1783351744,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Shares of TeraWulf surged Monday after the Bitcoin miner turned data-center operator announced a 20-year lease agreement with artificial-intelligence start-up Anthropic.TeraWulf stock advanced 17% in ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"WULX":"2倍做多WULF ETF-Tradr","BK4023":"应用软件","BK4595":"比特币概念","FDIG":"Fidelity Crypto Industry and Digital Payments ETF","WULF":"TeraWulf Inc.","BK4600":"加密货币概念"},"translate_title":"Terawulf股价因20年人为协议而飙升","themeId":null,"isJumpTheme":false,"ttsUrl":"https://static.tigerbbs.com/075aab41e192bd361070f6dd05e943e2","symbols_score_info":{"WULF":0.9,"WULX":0.6,"FDIG":0.6},"content_text":"Shares of TeraWulf Inc. surged Monday after the Bitcoin miner turned data-center operator announced a 20-year lease agreement with artificial-intelligence start-up Anthropic.TeraWulf on Monday said it has entered into a 20-year lease agreement with Anthropic for a \"purpose-built AI infrastructure campus\" at TeraWulf's Kentucky location. The company expects the agreement to generate around $19 billion of contracted revenue over \"the initial lease term.\"TeraWulf said it expects initial capacity to come online in the second half of 2027 with the full campus operational in 2028.The company also announced Monday it has agreed to sell its 50.1% ownership in a joint venture established in 2025 to develop a 168 megawatts AI data center campus in Abernathy, Texas. 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