TeraWulf Transitions from Bitcoin Mining to AI with $19B Anthropic Lease
TeraWulf's shares have surged after announcing a $19 billion lease with Anthropic for AI infrastructure, marking a major shift from Bitcoin mining to high-performance computing. This 20-year agreement will see TeraWulf host Anthropic's operations at a Kentucky campus, highlighting the company's strategic pivot towards artificial intelligence.
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TeraWulf shares rise after $19B Anthropic AI lease, JV sale
The Bitcoin miner signed a 20-year AI infrastructure lease with Anthropic and sold its majority stake in a separate AI data center joint venture.
Bitcoin miner TeraWulf soars on a $19 billion AI data-center lease with Anthropic
The onetime pure bitcoin miner signed a 20-year deal to host the AI firm at a Kentucky campus, the latest crypto-adjacent company to trade mining for the steadier money in artificial-intelligence infrastructure.

