TeraWulf shares climb following $19 billion AI data center agreement with Anthropic
On Monday, American bitcoin miner TeraWulf announced a 20-year agreement to lease 400 MW of AI data center capacity at its Kentucky facility to Anthropic. This partnership is projected to bring in approximately $19 billion in total contract revenue. Following the news, the company's stock rose more than 10% as it continues to pivot its focus toward global high-performance computing and AI infrastructure.