TeraWulf Gains 10.5% After $19B Anthropic Data Center Lease

1. Lease Agreement With Anthropic

TeraWulf announced a $19 billion, multi-year lease to host Anthropic’s AI data centers at its renewable-powered facilities, locking in one of the largest commercial data center deals in the company’s history.

2. Stock Price Reaction

Following the news, TeraWulf shares jumped 10.5% intraday, marking the biggest one-day gain since its public listing and reflecting investor optimism over stable, long-term revenue.

3. Strategic Implications

The arrangement shifts TeraWulf beyond volatile Bitcoin mining income by monetizing excess green power for AI workloads, potentially smoothing cash flows and positioning the company in the fast-growing AI infrastructure market.

1. Lease Agreement With Anthropic

2. Stock Price Reaction

3. Strategic Implications

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TeraWulf's stock surges after a $19 billion deal with Anthropic