20-year lease with Anthropic for 401 MW critical IT capacity
Company: TeraWulf
The claim, verbatim
TeraWulf has a 20-year lease with Anthropic PBC covering approximately 401 MW of critical IT capacity, expected to generate $19 billion in revenue over the lease term
Source (primary)
Kentucky Clears 482 MW AI Power Deal for TeraWulf’s Anthropic Campus - TheEnergyMag (-, news_article)
View cached copy (2026-09-01)Live source ↗
Quote: “The approval puts a regulated power arrangement behind TeraWulf's previously announced 20-year lease with Anthropic PBC. That contract covers about 401 MW of critical IT capacity and is expected to generate roughly $19 billion of revenue over its initial term.”
How we checked this
Checked on September 18, 2026. The cited source supports every part of this claim.
The article states each of these lease terms directly.
Confirmed in the source:
- TeraWulf has a 20-year lease with Anthropic PBC
- The lease covers about 401 MW of critical IT capacity
- The lease is expected to generate roughly $19 billion in revenue over its initial term
What we did: Read our cached copy of the publisher (https://theminermag.com/news/market-news/kentucky-482-mw-power-deal-terawulf-ai-data-center) in full (5,325 characters, retrieved September 1, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Kentucky Clears 482 MW AI Power Deal for TeraWulf’s Anthropic Campus - TheEnergyMag
Quote: “The approval puts a regulated power arrangement behind TeraWulf's previously announced 20-year lease with Anthropic PBC. That contract covers about 401 MW of critical IT capacity and is expected to generate roughly $19 billion of revenue over its initial term.”