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TeraWulf eyes $3.5B debt raise for Anthropic-linked data center: Report

Cointelegraph 2026-07-10 10:14:51
Context: TeraWulf, a Bitcoin mining company, is planning to raise $3.5 billion in debt financing for its data center campus in Kentucky. The campus is leased to Anthropic, an AI company. The debt financing is being led by Morgan Stanley.

Key Facts

  • TeraWulf is reportedly seeking $3.5 billion in debt financing led by Morgan Stanley for its Kentucky data center campus.
  • The data center campus is leased to Anthropic, an AI company, indicating a significant partnership between TeraWulf and Anthropic.
  • The debt financing is specifically for the development or expansion of TeraWulf's data center campus in Kentucky, highlighting the company's growth plans in the region.
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