Woofun AI reports that Bitcoin mining firm TeraWulf has executed a 20-year lease agreement with Anthropic to develop a 401 MW AI data center park at the Justified Data campus in Hawesville, Kentucky. The project is projected to generate approximately $19 billion in revenue, with the initial phase launching in the second half of 2027 and full capacity achieved by early 2028. TeraWulf indicated the lease is expected to benefit from investment-grade credit rating support.

Additionally, TeraWulf divested its 50.1% stake in the Abernathy Joint Venture to a group led by Fluidstack, exiting the roughly $450 million investment at a premium. Following the announcement, TeraWulf shares jumped nearly 14%, while stocks of Bitcoin miners IREN, Hut 8, and Cipher Digital each rose by more than 10%.