What does TeraWulf do?

TeraWulf develops and operates data centers for AI and high-performance computing customers and also mines bitcoin. Its tenants include Fluidstack and Anthropic.

What is TeraWulf's deal with Anthropic?

Anthropic leases about 401 MW at TeraWulf's Justified Data Campus in Hawesville, Kentucky, for 20 years, worth about $19 billion in contracted revenue. Google provides credit support for the project debt.

TeraWulf news

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TeraWulf is a US developer of data centers for AI and high-performance computing that began as a bitcoin miner.

Image TeraWulf published with the announcement covered in this story — TeraWulf secures Google credit support for $19 billion Anthropic data center leases in Kentucky

AI Chips & Infrastructure5 Nov 2026, 16:42 UTC

TeraWulf said on 4 November 2026 that Google will back debt for its Kentucky campus leased to Anthropic for about $19 billion, and hired Fluor to build it.

Summary

TeraWulf announced on 4 November 2026 that it has signed credit support agreements with Google for the debt that will fund its Justified Data Campus in Hawesville, Kentucky. The campus is leased to Anthropic for about 401 MW over 20 years, worth about $19 billion in contracted rent. TeraWulf also signed a definitive construction contract with Fluor for three buildings. The size and cost of the planned debt were not disclosed.

About TeraWulf

TeraWulf is a US developer of data centers for AI and high-performance computing that began as a bitcoin miner. Listed on Nasdaq as WULF, it runs the Lake Mariner campus in New York and is building the Justified Data Campus in Hawesville, Kentucky, leased to Anthropic for about $19 billion over 20 years.

Reviewed 5 Nov 2026

Facts at a glance

Type: AI and high-performance computing data center developer; bitcoin miner
Listing: Nasdaq: WULF
CEO: Paul Prager source
Kentucky campus: Justified Data Campus, Hawesville: about 401 MW leased to Anthropic for 20 years, about $19 billion in contracted revenue source
Credit support: Google, agreements announced 4 November 2026 for the Kentucky campus debt source

Questions people ask

What does TeraWulf do?: TeraWulf develops and operates data centers for AI and high-performance computing customers and also mines bitcoin. Its tenants include Fluidstack and Anthropic.
What is TeraWulf's deal with Anthropic?: Anthropic leases about 401 MW at TeraWulf's Justified Data Campus in Hawesville, Kentucky, for 20 years, worth about $19 billion in contracted revenue. Google provides credit support for the project debt.

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TeraWulf secures Google credit support for $19 billion Anthropic data center leases in Kentucky