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<h3 id="key-highlights">Key Highlights</h3><ul><li>WULF shares climbed 17% during premarket hours to approximately $24.81–$24.87 following the Anthropic lease announcement</li><li>The agreement is expected to produce roughly $19 billion in guaranteed revenue throughout the initial lease period</li><li>A specialized AI infrastructure campus will be constructed at TeraWulf’s Hawesville, Kentucky location, supporting 401 megawatts of critical IT capacity</li><li>First-phase capacity scheduled to go live during the latter half of 2027, with complete buildout expected by early 2028</li><li>Separately, TeraWulf announced plans to divest its 50.1% ownership in a Texas-based data center partnership where it had committed $450 million</li></ul>Shares of TeraWulf experienced a significant 17% surge during Monday’s premarket session, climbing to approximately $24.81, following the company’s revelation of a two-decade lease contract with Anthropic for a custom-designed AI infrastructure facility in Kentucky.<a href="https://knockoutstocks.com/stock/WULF" rel="noopener noreferrer nofollow"> <img src="https://knockoutstocks.com/api/stocks/WULF/embed" alt="WULF Stock Card"> TeraWulf Inc., WULF </a>The rally provided relief after WULF stock declined 10% on Thursday and endured a seven-session losing streak heading into Monday’s trading.The facility will be developed at <a href="https://coincentral.com/terawulf-wulf-stock-jumps-13-on-kentucky-ai-data-center-expansion/" rel="noopener noreferrer nofollow">TeraWulf’s</a> Justified Data property in Hawesville, Kentucky, providing approximately 401 megawatts of critical IT capacity through a phased construction approach.<div class="embed-x"><blockquote class="twitter-tweet"><a href="https://x.com/search?q=%24WULF&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$WULF</a> signed a 20-year, nearly $20B deal with Anthropic for its Justified Data campus in Kentucky.The campus will support ~401MW of critical IT load with initial capacity online in H2 2027 and full capacity expected by early 2028. <a href="https://t.co/M9ngKGrm7z" rel="noopener noreferrer nofollow">pic.twitter.com/M9ngKGrm7z</a>— Shay Boloor (@StockSavvyShay) <a href="https://x.com/StockSavvyShay/status/2074107747092910183?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">July 6, 2026</a></blockquote></div>The agreement is projected to deliver roughly $19 billion in guaranteed lease revenue throughout its initial duration. This represents a substantial milestone for an organization that originally operated as a Bitcoin mining company.First-stage capacity is slated to become available during the second half of 2027. Complete operational capacity across the entire campus is anticipated by early 2028.<blockquote>Chief Executive Paul Prager stated the agreement confirms the company’s strategic shift toward AI infrastructure. “The lease provides approximately $19 billion of contracted lease revenue over its initial term,” he noted.</blockquote>Prager emphasized the agreement establishes a blueprint for additional expansion and showcases TeraWulf’s capacity to secure power resources, build infrastructure, and establish long-duration customer agreements.<h3 id="company-divests-texas-data-center-stake">Company Divests Texas Data Center Stake</h3>In a concurrent announcement, TeraWulf revealed it will offload its 50.1% controlling interest in the Abernathy Joint Venture, a 168-megawatt AI data center complex situated in Texas.The acquiring party is an investment consortium headed by Fluidstack, <a href="https://coincentral.com/terawulf-wulf-stock-jumps-13-on-kentucky-ai-data-center-expansion/" rel="noopener noreferrer nofollow">TeraWulf’s</a> current joint venture collaborator and AI-cloud infrastructure solutions provider.TeraWulf had committed $450 million to the Texas project. Company leadership indicated the divestiture will enable capital reallocation toward ventures where it maintains enhanced long-term value potential through full ownership.The Texas initiative was launched in 2025 as a component of TeraWulf’s comprehensive expansion into AI infrastructure services.<h3 id="strategic-implications-for-terawulf">Strategic Implications for TeraWulf</h3>The Kentucky facility benefits from what TeraWulf characterized as an investment-grade credit backing, strengthening the long-term lease’s financial foundation.<blockquote>Prager positioned both transactions as a coordinated strategic realignment. “Together, these transactions position TeraWulf for its next phase of growth,” he stated.</blockquote>The <a href="https://coincentral.com/is-iren-stock-worth-buying-after-the-anthropic-data-center-news/" rel="noopener noreferrer nofollow">Anthropic</a> partnership represents the most definitive indication to date of TeraWulf’s transformation from its cryptocurrency mining origins toward establishing itself as a specialized AI data center provider.TeraWulf’s premarket performance on Monday positioned the stock to reclaim a substantial portion of losses accumulated throughout the previous week’s downturn.The post <a href="https://blockonomi.com/terawulf-wulf-stock-soars-17-following-massive-19b-anthropic-partnership/" rel="noopener noreferrer nofollow">TeraWulf (WULF) Stock Soars 17% Following Massive $19B Anthropic Partnership</a> appeared first on <a href="https://blockonomi.com" rel="noopener noreferrer nofollow">Blockonomi</a>.

TeraWulf (WULF) Stock Soars 17% Following Massive $19B Anthropic Partnership

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