TeraWulf Eyes $3.5B Debt Raise for Anthropic AI Data Center Buildout
TeraWulf (NASDAQ: WULF) is reportedly seeking to raise $3.5 billion in debt, led by Morgan Stanley, to finance the construction of its Justified Data campus in Kentucky. This campus will host large-scale AI infrastructure for Anthropic, with a 20-year lease expected to generate $19 billion in revenue. The move marks a strategic shift for TeraWulf towards AI infrastructure, leveraging its existing power access and development capabilities beyond its traditional bitcoin mining operations.





























