{"id":783896,"date":"2026-07-06T13:25:09","date_gmt":"2026-07-06T13:25:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/783896\/"},"modified":"2026-07-06T13:25:09","modified_gmt":"2026-07-06T13:25:09","slug":"terawulf-shares-soar-after-anthropic-leases-data-center-in-kentucky","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/783896\/","title":{"rendered":"TeraWulf shares soar after Anthropic leases data center in Kentucky"},"content":{"rendered":"<p>Gabby Jones | Bloomberg | Getty Images<\/p>\n<p><a href=\"https:\/\/www.cnbc.com\/quotes\/ANTHR.FG\/\" rel=\"nofollow noopener\" target=\"_blank\">Anthropic<\/a> on Monday signed a 20-year lease to use a <a href=\"https:\/\/www.cnbc.com\/quotes\/WULF\/\" rel=\"nofollow noopener\" target=\"_blank\">TeraWulf<\/a> data center in Kentucky. <\/p>\n<p>The data center, located about an hour southwest of Louisville in Hawesville, will have capacity of around 400 megawatts with first power delivery expected in the second half of 2027. <\/p>\n<p>TeraWulf shares soared more than 16% in premarket trading. The lease is expected to generate around $19 billion in revenue over the initial term.<\/p>\n<p>&#8220;The Anthropic lease validates our strategy and establishes a long-duration revenue stream with one of the world&#8217;s leading AI companies,&#8221; CEO Paul Prager said. <\/p>\n<p>TeraWulf also sold its 50% interest in a 168-megawatt data center in Abernathy, Texas to an investor group led by Fluidstack.<\/p>\n<p>TeraWulf is a crypto mining company that has pivoted to AI data center infrastructure. Its stock is up more than 80% this year.<\/p>\n<p>Stock Chart IconStock chart icon<img decoding=\"async\" src=\"https:\/\/static-redesign.cnbcfm.com\/dist\/a54b41835a8b60db28c2.svg\" class=\"Collapsible-dismissButton\" alt=\"hide content\"\/><\/p>\n<p>WULF year to date<\/p>\n<p><a href=\"https:\/\/www.google.com\/preferences\/source?q=https:\/\/www.cnbc.com\/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"Gabby Jones | Bloomberg | Getty Images Anthropic on Monday signed a 20-year lease to use a TeraWulf&hellip;\n","protected":false},"author":2,"featured_media":783897,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[1930,1386,45,161,49,48,4717,100,43608],"class_list":["post-783896","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-anthropic","tag-breaking-news-markets","tag-business","tag-business-news","tag-ca","tag-canada","tag-energy","tag-markets","tag-terawulf-inc"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/783896","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=783896"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/783896\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/783897"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=783896"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=783896"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=783896"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}