CoinDesk·3 min read·medium
Bitcoin miner TeraWulf soars on a $19 billion AI data-center lease with Anthropic
S
Shaurya Malwa
✦AI Summary
Bitcoin miner TeraWulf has secured a $19 billion AI data-center lease with Anthropic, signaling a strategic pivot from crypto mining to AI infrastructure. The deal is expected to provide steady, long-term revenue as the company shifts its focus toward high-demand computing capacity.
The lease covers TeraWulf's Justified Data campus in Hawesville, Kentucky, which will provide about 401 megawatts of computing capacity built out in phases, with the first power expected in the second half of 2027 and the full site running by early 2028, the company said.
technologybusinesscryptoai
✦
Get the full story
Sign up for Headlinne to unlock AI insights, political bias analysis, and your personalized news feed.
Create free accountAlready have an account? Sign in