Cryptocurrency mining company TeraWulf has transitioned into the artificial intelligence data center infrastructure business, with its stock price surging over 80% this year. On Monday, the company signed a 20-year lease with Anthropic to rent out a data center with an installed capacity of approximately 400 megawatts, located about an hour's drive southwest of Louisville, Kentucky. The first phase of power supply is expected to be available in the second half of 2027, and the lease is initially projected to generate approximately $19 billion in revenue.
