Terawulf Signs $19B 20-Year Lease With Anthropic for Kentucky AI Data Center

According to Bitcoin.com News, Terawulf signed a 20-year lease with Anthropic at its Justified Data campus in Hawesville, Kentucky, expected to generate approximately $19 billion in contracted revenue over the lease term. The campus will support 401 megawatts of critical IT load, with initial capacity coming online in the second half of 2027 and full capacity expected by early 2028.

Separately, Terawulf agreed to sell its 50.1% stake in the Abernathy Joint Venture to Fluidstack, its joint venture partner. The sale monetizes Terawulf's roughly $450 million investment and will enable the company to redeploy capital into projects where it maintains direct ownership and customer relationships.