Anthropic 401 MW hosting lease
Company: TeraWulf - Project: Justified Data
The claim, verbatim
TeraWulf has a 20-year lease with Anthropic for 401 MW of capacity at Justified Data Campus in Kentucky, valued at up to $19 billion of contracted revenue over the initial term, with initial delivery scheduled for the second half of 2027.
Source (primary)
TeraWulf Falls 5% as AI Infrastructure Names Extend a Month-Long Slide; IREN Drops 4%, Applied Digital Declines 3% - 24/7 Wall St. (-, news_article)
View cached copy (2026-09-19)Live source ↗
Quote: “the 20-year Anthropic lease at Kentucky's Justified Data Campus for 401 MW, worth up to $19 billion of contracted revenue over the initial term; initial Anthropic delivery isn't scheduled until the second half of 2027”
How we checked this
Checked on September 24, 2026. The cited source supports every part of this claim.
The article describes the 20-year, 401 MW Anthropic lease at Kentucky's Justified Data Campus worth up to $19 billion, with initial delivery not scheduled until the second half of 2027.
Confirmed in the source:
- TeraWulf has a lease with Anthropic
- The lease term is 20 years
- The lease covers 401 MW
- The site is the Justified Data Campus in Kentucky
- The lease is worth up to $19 billion of contracted revenue over the initial term
- Initial Anthropic delivery is scheduled for the second half of 2027
What we did: Read our cached copy of the publisher (https://247wallst.com/investing/2026/09/15/terawulf-falls-5-as-ai-infrastructure-names-extend-a-month-long-slide-iren-drops-4-applied-digital-declines-3/) in full (14,146 characters, retrieved September 19, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms TeraWulf Falls 5% as AI Infrastructure Names Extend a Month-Long Slide; IREN Drops 4%, Applied Digital Declines 3% - 24/7 Wall St.
Quote: “the 20-year Anthropic lease at Kentucky's Justified Data Campus for 401 MW, worth up to $19 billion of contracted revenue over the initial term; initial Anthropic delivery isn't scheduled until the second half of 2027”