Compute · the Ledger · Site lease
Anthropic signs a 20-year lease for ~401 MW at TeraWulf's Justified Data campus in Hawesville, Kentucky, ~$19B of contracted revenue
Signed · announced 6 Jul 2026 · the week to 10 Jul 2026
- Size
- $19B
- Power
- 401 MW
- Term
- 20 years
The parties
- TeraWulfcompany pageLandlord
- Anthropiccompany pageTenant
The source
TeraWulf 8-K Ex. 99.1, 2026-07-06Regulatory filing
Developed in phases; initial capacity in service H2 2027, full 401 MW by early 2028. TeraWulf says the lease is expected to be supported by an investment-grade credit. Signed directly with Anthropic, not via Fluidstack.
The same parties, other deals
- TeraWulf and Kentucky Power amend the Muskie Data Campus power agreements, raising contracted capacity from 500 MW to 1 GWundisclosed · 5 Oct 2026
- Anthropic commits $11.6B over seven years to Akamai Cloud for CPU workloads; Akamai issues Anthropic a warrant for up to ~5%$11.6B · 24 Sept 2026
- Nscale agrees to provide Anthropic dedicated GPU infrastructure at its Monarch Compute Campus for up to about $44.6B$44.6B · 18 Sept 2026
- Anthropic to deploy up to 2 GW of AMD MI450-series GPUs in Helios racks; AMD commits up to $5B equity in Anthropicundisclosed · 22 Jul 2026
- Anthropic contracts SpaceX compute capacity across Colossus and Colossus II, about 325,000 NVIDIA GPUs, $1.25B a month through May 2029undisclosed · 3 Jun 2026
- Anthropic commits more than $100B over ten years to AWS for up to 5 GW; Amazon invests $5B now and up to $20B more$100B · 20 Apr 2026