Anthropic 20-year lease for AI computing capacity
Company: TeraWulf - Project: Justified Data
The claim, verbatim
20-year lease with Anthropic PBC covering 401 MW of critical IT capacity, expected to generate approximately $19 billion in revenue over the contract 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: “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 15, 2026. The cited source supports every part of this claim.
The article states all three terms of the Anthropic lease. It describes the $19 billion as revenue over the lease's initial term.
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: “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”