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TeraWulf stock jumps on $19 billion Anthropic AI deal
TheStreet79d agobullish
TeraWulf stock jumps on $19 billion Anthropic AI deal

TeraWulf shares jumped on July 6 after the company landed a major artificial intelligence infrastructure customer. TeraWulf (WULF) announced a 20-year lease with Anthropic at its Justified Data campus in Hawesville, Kentucky. The agreement is expected to generate about $19 billion in contracted ...

TeraWulf jumps on $19 billion data center lease deal with Anthropic
Reuters80d agobullish
TeraWulf jumps on $19 billion data center lease deal with Anthropic

TeraWulf said on Monday it signed a 20-year lease with Anthropic ‌for data center infrastructure, a deal expected ‌to generate about $19 billion in contracted revenue, sending the bitcoin ​miner's shares up more than 10% in early trading. The deal secures long-term, recurring revenue for TeraWulf from an AI customer as it shifts away from ‌relying on bitcoin ⁠mining, a transition the company said in May would increasingly drive its business. • The Anthropic lease covers a purpose-built AI infrastructure campus at TeraWulf's Justified Data site ​in Hawesville, ​Kentucky.

Investing.com80d agobullish
TeraWulf stock soars 20% on Anthropic lease, asset sale

Investing.com -- TeraWulf Inc. (NASDAQ:WULF) shares rose 20% Monday following the announcement of a 20-year lease agreement with Anthropic at its Justified Data campus and the sale of its majority stake in the Abernathy Joint Venture to Fluidstack.

Google-backed stock jumps after new AI deal
TheStreet121d agobullish
Google-backed stock jumps after new AI deal

Shares of TeraWulf (Nasdaq: WULF) surged during market hours on May 26 after the Bitcoin miner-turned-AI infrastructure company announced the acquisition of a hyperscale high-performance computing site. TeraWulf is a United States-based digital infrastructure company founded in 2021 by energy ...