TeraWulf entered a 20-year lease with Anthropic for a purpose-built AI infrastructure campus at its Justified Data site in Hawesville, Kentucky, expected to support 401 megawatts of critical IT load with initial capacity online in the second half of 2027. The agreement is projected to generate approximately $19 billion in contracted revenue, and TeraWulf simultaneously agreed to sell its 50.1 percent stake in the Abernathy joint venture to a Fluidstack-led investor group. TeraWulf shares rose more than 16 percent in premarket trading following the announcement.