TeraWulf’s AI Pivot Lands $19B Deal | Bitcoin and Crypto News

TeraWulf, once a Bitcoin mining giant, is now betting everything on AI infrastructure after landing a $19 billion, 20-year deal with Anthropic — more than the company’s entire market value. The Kentucky data center project, won through a fierce bidding war, hinges on reliable power and full operational control. With Bitcoin’s erratic revenue no longer viable, TeraWulf is shedding non-core assets, reinvesting proceeds into AI-focused facilities, and tackling labor shortages as they build out a future powered by electricity, not crypto. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/3a6243574409963c