TeraWulf (WULF) Stock Surges 20% on $19 Billion AI Data Center Lease with Anthropic

TeraWulf (WULF), a leading Bitcoin mining company, saw its stock price surge over 20% after announcing a landmark $19 billion lease agreement with Anthropic, an artificial intelligence startup. The deal involves TeraWulf developing a massive AI data center, marking a strategic pivot from pure cryptocurrency mining to high-performance computing (HPC) and AI infrastructure. This partnership is expected to generate significant long-term revenue, positioning TeraWulf as a key player in the AI sector. The news highlights the growing convergence of Bitcoin mining and AI, as miners leverage their energy infrastructure for AI workloads. Analysts view this as a bullish catalyst for WULF, with potential to boost earnings and diversify revenue streams.