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MCS · Ledger

TeraWulf

TeraWulf

Seam
Mining to HPC
Status
Mainnet
Live since
2021
Verified
2026-09-12

Signed a 20-year Anthropic lease, which is as clean a statement of the thesis as the sector has.

Project site ↗

Sourced figures

  • Contracted IT capacity401 MW

    Megawatts of datacentre IT load the operator has under signed contract for HPC or AI hosting.

    Critical IT load on the 20-year Anthropic lease in Kentucky. Not online until early 2028 — this is contracted, not energised.

    Source ↗

The silicon

  • AI/HPC datacentre

    $12.8B of total contracted HPC revenue secured across the Anthropic, Google-backed Fluidstack and Core42 deals, against 1 GW+ of available power. The stock led public miners at +73.58% YTD.

    Source ↗

All of The Ledger