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TeraWulf reported a 52% increase in High-Performance Computing (HPC) leasing revenue during the second quarter, solidifying this business line as the company's primary income source, accounting for 71% of the total $44.8 million, up from 62% in the previous quarter.
Bitcoin mining company TeraWulf has signed a 20-year data center infrastructure lease agreement with leading artificial intelligence firm Anthropic. The $19 billion deal will provide Anthropic with 401 MW of IT load at TeraWulf's Justified Data site in Hawesville, Kentucky, marking a strategic diversification for TeraWulf and securing critical capacity for Anthropic's AI operations.
