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
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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.”