Latest 12 stories · newest Nov 6, 2026
TeraWulf Inc. reported Q3 2026 net income of ~$710M driven by fair value changes, with HPC revenue accounting for 83% of total revenue. The company secured financing support for an Anthropic lease and expanded power contracts.
TeraWulf expanded its power contract at the Muskie Data Campus to 1 GW to meet high customer demand, advancing the second phase to 2029. This operational expansion strengthens the company's AI-focused infrastructure portfolio.
TeraWulf signed a 20-year agreement with Anthropic worth $19 billion and sold its stake in the Abernathy Joint Venture. These moves enhance long-term revenue visibility and free up capital for direct AI infrastructure expansion.
TeraWulf acquired the Muskie Data Campus in Eastern Kentucky from Industrial Equity Partners, expected to support over 1 gigawatt of data center capacity with initial 500 MW delivery in H2 2028. The acquisition strengthens the company's portfolio of energy-advantaged digital infrastructure sites ali…
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