TeraWulf signs 20-year Anthropic lease, expects about $19 billion in revenue
The Kentucky AI infrastructure deal covers about 401 megawatts at the Justified Data campus, with initial facilities due online in late 2027 and full operations in early 2028.
BTC
Summary
TeraWulf said its 20-year lease with Anthropic at the Justified Data AI infrastructure campus in Kentucky is expected to generate about $19 billion in revenue, underscoring its push beyond bitcoin mining into artificial-intelligence infrastructure. The agreement is set to support about 401 megawatts of IT load, with initial facilities due online in late 2027 and full operations expected in early 2028.
Terms & Concepts
- IT load: The amount of electrical power used by servers and other computing equipment in a data center.