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TeraWulf Preparing $3.5B Debt Raise for Anthropic-Leased Kentucky Site

  • Infra & Chips
  • Funding & M&A
  • Sales & Business

TeraWulf Inc. (NASDAQ: WULF) is preparing to raise roughly $3.5 billion in debt to build an AI data center campus in Kentucky that it will lease to Anthropic for 20 years, according to a July 9, 2026 report. It marks the company's first entry into the leveraged loan market.

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