20-year Anthropic lease for 401 MW with $19B contracted revenue
Company: TeraWulf
The claim, verbatim
TeraWulf has a 20-year lease agreement with Anthropic for approximately 401 MW of power at its Kentucky facility, with an agreement valued at approximately $19 billion in contracted revenue.
Source (primary)
WULF Stock Rides AI Power Deals And Bullish Targets - timothysykes.com (-, news_article)
View cached copy (2026-09-20)Live source ↗
Quote: “TeraWulf locked in a 20‑year lease with Anthropic for roughly 401 MW at its repurposed smelter campus, an agreement estimated at $19B in contracted revenue.”
How we checked this
Checked on September 25, 2026. The cited source supports part of this claim, but not all of it.
The article confirms the 20-year, roughly 401 MW Anthropic lease and the $19B contracted-revenue estimate. However, it places the lease only at a 'repurposed smelter campus' and never explicitly says that campus is the Kentucky site.
Confirmed in the source:
- TeraWulf has a 20-year lease with Anthropic
- The lease covers approximately 401 MW
- The agreement is estimated at about $19 billion in contracted revenue
We could not confirm this from the cited source:
- The Anthropic lease is at TeraWulf's Kentucky facility
That does not mean it is false — only that this source does not establish it, as of the date above. If we find a source that settles it, we will re-check and update this page.
What we did: Read our cached copy of the publisher (https://www.timothysykes.com/news/terawulf-inc-wulf-news-2026_09_17/) in full (15,927 characters, retrieved September 20, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms WULF Stock Rides AI Power Deals And Bullish Targets - timothysykes.com
Quote: “TeraWulf locked in a 20‑year lease with Anthropic for roughly 401 MW at its repurposed smelter campus, an agreement estimated at $19B in contracted revenue.”