TeraWulf signed a 20-year lease with Anthropic for its Justified Data campus in Hawesville, Kentucky. The project will deliver approximately 401 MW of critical IT capacity in phases, with initial operations expected in the second half of 2027 and full capacity by early 2028.The agreement is expected to generate approximately $19 billion in contracted lease revenue over its initial term and is backed by anticipated investment-grade credit support.Separately, TeraWulf is selling its 50.1% stake in the Abernathy Joint Venture, monetizing an investment of about $450 million at a premium.WULF Technical Outlook: Trend, RSI And Key LevelsThe stock’s movement aligns with the overall strength in the Technology sector, which is currently the best performing sector today, gaining 2.7%. This positive momentum is likely bolstered by the company’s strategic moves, enhancing its revenue visibility and financial position.TeraWulf’s current price of $23.56 is situated 7.1% below its 20-day simple moving average (SMA) of $25.89, indicating a short-term bearish trend. The stock is, however, 17.9% above its 100-day SMA of $20.41, suggesting a stronger long-term bullish trend.The Relative Strength Index (RSI) currently sits at 46.19, indicating a neutral momentum phase. This suggests that the stock is neither overbought nor oversold, providing room for potential upward movement if positive sentiment continues.
TeraWulf Soars On $19 Billion Anthropic AI Infrastructure Deal - TeraWulf (NASDAQ:WULF)
TeraWulf shares rose after signing a 20-year lease with Anthropic expected to generate $19 billion in contracted AI infrastructure revenue.











