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Anthropic Enters 20-Year Lease Agreement to Use TeraWulf Data Center in Kentucky

TeraWulf (WULF) said Monday in a regulatory filing it has entered into a 20-year lease agreement with Anthropic for the AI company to use its Justified Data campus in Hawesville, Kentucky. The lease is expected to generate about $19 billion of contracted revenue over the initial lease term, TeraWulf said. Separately, TeraWulf also said it has agreed to sell its 50.1% ownership stake in the Abernathy Joint Venture to an investor group led by Fluidstack.

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SQUAWKNEWS 1 updates Updated Jul 06, 2026, 12:55 PM UTC

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12:55:23 PM UTC
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TeraWulf (WULF) said Monday in a regulatory filing it has entered into a 20-year lease agreement with Anthropic for the AI company to use its Justified Data campus in Hawesville, Kentucky. The lease is expected to generate about $19 billion of contracted revenue over the initial lease term, TeraWulf said. Separately, TeraWulf also said it has agreed to sell its 50.1% ownership stake in the Abernathy Joint Venture to an investor group led by Fluidstack.

TeraWulf (WULF) said Monday in a regulatory filing it has entered into a 20-year lease agreement with Anthropic for the AI company to use its Justified Data campus in Hawesville, Kentucky.

The lease is expected to generate about $19 billion of contracted revenue over the initial lease term, TeraWulf said.

Separately, TeraWulf also said it has agreed to sell its 50.1% ownership stake in the Abernathy Joint Venture to an investor group led by Fluidstack.