TeraWulf surges after signing 20-year Anthropic lease

TeraWulf

06/07/2026 13:28

** Shares of AI infrastructure company TeraWulf WULF.O soar 15.5% to $24.50 premarket
** Co signs 20-year lease with Anthropic at its Justified Data campus in Kentucky
** Says lease is expected to generate about $19 billion in contracted revenue over initial term
** Co agrees to sell its 50.1% stake in Abernathy joint venture to investor group led by Fluidstack
** Up to last close, stock was up about 85% YTD

 (Reporting by Anzar Mehraj in Bengaluru)
 ((Anzar.Mehraj@thomsonreuters.com;))