📢 𝐉𝐔𝐒𝐓 𝐈𝐍: $Terawulf(WULF.US) TeraWulf Sign

📢 𝐉𝐔𝐒𝐓 𝐈𝐍: $Terawulf(WULF.US) TeraWulf Signs 20-Year Anthropic Lease, Sells Abernathy JV Stake

👉 𝐊𝐞𝐲 𝐇𝐢𝐠𝐡𝐥𝐢𝐠𝐡𝐭𝐬:

➤ 𝐓𝐞𝐫𝐚𝐖𝐮𝐥𝐟 signed a 𝟐𝟎-𝐲𝐞𝐚𝐫 AI infrastructure lease with 𝐀𝐧𝐭𝐡𝐫𝐨𝐩𝐢𝐜.

➤ Lease is expected to generate approximately 𝟏𝟗 𝐛𝐢𝐥𝐥𝐢𝐨𝐧 in contracted revenue over the initial term.

➤ Anthropic campus will support approximately 𝟒𝟎𝟏 𝐌𝐖 of critical IT load.

➤ Initial capacity is expected online in 𝐇𝟐 𝟐𝟎𝟐𝟕, with full buildout by 𝐞𝐚𝐫𝐥𝐲 𝟐𝟎𝟐𝟖.

➤ TeraWulf agreed to sell its 𝟓𝟎.𝟏% Abernathy JV stake to a 𝐅𝐥𝐮𝐢𝐝𝐬𝐭𝐚𝐜𝐤-led investor group.

➤ Transaction monetizes TeraWulf's approximately 𝟒𝟓𝟎 𝐦𝐢𝐥𝐥𝐢𝐨𝐧 investment at a 𝐩𝐫𝐞𝐦𝐢𝐮𝐦.

➤ Proceeds will be redeployed into 𝐰𝐡𝐨𝐥𝐥𝐲 𝐨𝐰𝐧𝐞𝐝 AI infrastructure opportunities.

➤ Company expects stronger revenue visibility and greater 𝐝𝐢𝐫𝐞𝐜𝐭 𝐨𝐰𝐧𝐞𝐫𝐬𝐡𝐢𝐩 of AI assets.

👉 𝐖𝐡𝐲 𝐈𝐭 𝐌𝐚𝐭𝐭𝐞𝐫𝐬:

➤ 𝟏𝟗 𝐛𝐢𝐥𝐥𝐢𝐨𝐧 lease significantly strengthens TeraWulf's long-term revenue pipeline.

➤ Capital recycling supports expansion of 𝐡𝐢𝐠𝐡𝐞𝐫-𝐦𝐚𝐫𝐠𝐢𝐧, wholly owned AI infrastructure.

➤ Anthropic partnership reinforces growing demand for large-scale 𝐀𝐈 𝐝𝐚𝐭𝐚 𝐜𝐞𝐧𝐭𝐞𝐫 capacity.

👉 𝐄𝐱𝐩𝐞𝐫𝐭 𝐒𝐭𝐚𝐭𝐞𝐦𝐞𝐧𝐭:

➤ "The Anthropic lease validates our strategy and establishes a long-duration revenue stream with one of the world's leading AI companies. The lease provides approximately $19 billion of contracted lease revenue over its initial term, creates a framework for future expansion, and demonstrates the value of our ability to source power, develop infrastructure, and secure long-term customer commitments." — 𝐏𝐚𝐮𝐥 𝐏𝐫𝐚𝐠𝐞𝐫, Chairman and Chief Executive Officer of TeraWulf.

➤ "At the same time, the sale of our ownership interest in Abernathy to a group led by Fluidstack crystallizes the value created through that investment and generates significant capital for redeployment into infrastructure platforms where we maintain direct ownership, customer relationships, and operational control." — 𝐏𝐚𝐮𝐥 𝐏𝐫𝐚𝐠𝐞𝐫, Chairman and Chief Executive Officer of TeraWulf.