Anthropic lease at Justified Data (Hawesville, KY)
Company: TeraWulf - Project: Justified Data
The claim, verbatim
Executed a 401 MW critical IT lease with Anthropic at Justified Data in July 2026, ~$19B over 20-year term (~$33B over 30 years incl. two 5-year extensions).
Source (primary)
Q2 2026 Earnings Update Presentation (IR page (investors.terawulf.com), ir_presentation)
View cached copy (2026-10-06)Live source ↗Archive.org ↗
Quote: “401 MW of critical IT capacity leased to Anthropic July 2026 ➢ Generates long-term contracted cash flows ~$19B over 20-year lease term”
How we checked this
Checked on October 13, 2026. The cited source supports every part of this claim.
The presentation describes the July 2026 401 MW Anthropic lease at Justified Data, with ~$19B over 20 years and ~$33B over 30 years including two five-year extensions.
Confirmed in the source:
- TeraWulf executed a 401 MW critical IT lease with Anthropic at the Justified Data campus in Hawesville, KY
- The lease was made in July 2026
- The lease generates ~$19B over a 20-year term
- Total revenue is ~$33B over 30 years including two five-year extension options
What we did: Read our cached copy of IR page (investors.terawulf.com) (https://d1io3yog0oux5.cloudfront.net/_26c9692236622f11a71632d61560402c/terawulf/db/2396/23522/pdf/TeraWulf+Q2+2026+Investor+Presentation.pdf) in full (28,349 characters, retrieved October 6, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Q2 2026 Earnings Update Presentation
Quote: “401 MW of critical IT capacity leased to Anthropic July 2026 ➢ Generates long-term contracted cash flows ~$19B over 20-year lease term”