Data Centers, Power · Public · NASDAQ: WULF · US

TeraWulf

Data-center and power company that leases capacity for AI computing.

Legal name: TeraWulf Inc.Founded Jan 2021 (Wikidata)Reviewed Oct 21, 2026

Listed
WULF
NASDAQ: WULF
Largest stated critical IT load
≈401 MW
2 deals state this measure; they are not added
Largest customer contract
about $19B
Anthropic · Jul 6, 2026 · 8-K ↗
Compute deals
2
Dollar values and capacity below
Cash capex, FY26 Q2
$855.6M
Apr–Jun 2026 · derived · 10-Q ↗ · 10-Q ↗

Compute and infrastructure

Stated contract totals over multi-year terms, not annual spend

DateDealRoleValue (basis)CapacitySource
Jul 6, 2026Anthropic and TeraWulf 20-year data-center leasewith Anthropic · Data-center leaseLandlordabout $19B20 yrs≈401 MW8-K ↗
Jul 6, 2026TeraWulf sells its Abernathy joint-venture interest to a Fluidstack-led groupwith Fluidstack · Asset saleSellerabout $530M168 MW8-K ↗

Cash paid for property and equipment

SEC XBRL, by fiscal quarter · hollow bars are derived

QuarterPeriodCash paid for PP&EHowFiling
FY26 Q2Apr–Jun 2026Apr 1, 2026 to Jun 30, 2026$855.6MDerivedSix months to Jun 30, 2026 ($1,378,514,000) minus three months to Mar 31, 2026 ($522,954,000)10-Q Aug 5, 2026 ↗10-Q May 8, 2026 ↗
FY26 Q1Jan–Mar 2026Jan 1, 2026 to Mar 31, 2026$523MReported10-Q May 8, 2026 ↗
FY25 Q4Oct–Dec 2025Oct 1, 2025 to Dec 31, 2025$615MDerivedTwelve months to Dec 31, 2025 ($1,060,189,000) minus nine months to Sep 30, 2025 ($445,199,000)10-K Feb 27, 2026 ↗10-Q Nov 10, 2025 ↗
FY25 Q3Jul–Sep 2025Jul 1, 2025 to Sep 30, 2025$231.6MDerivedNine months to Sep 30, 2025 ($445,199,000) minus six months to Jun 30, 2025 ($213,629,000)10-Q Nov 10, 2025 ↗10-Q Aug 8, 2025 ↗
FY25 Q2Apr–Jun 2025Apr 1, 2025 to Jun 30, 2025$119.9MDerivedSix months to Jun 30, 2025 ($213,629,000) minus three months to Mar 31, 2025 ($93,687,000)10-Q Aug 8, 2025 ↗10-Q May 9, 2025 ↗
FY25 Q1Jan–Mar 2025Jan 1, 2025 to Mar 31, 2025$93.69MReported10-Q May 9, 2025 ↗
FY24 Q4Oct–Dec 2024Oct 1, 2024 to Dec 31, 2024$153.6MDerivedTwelve months to Dec 31, 2024 ($267,940,000) minus nine months to Sep 30, 2024 ($114,307,000)10-K Mar 3, 2025 ↗10-Q Nov 12, 2024 ↗
FY24 Q3Jul–Sep 2024Jul 1, 2024 to Sep 30, 2024$20.73MDerivedNine months to Sep 30, 2024 ($114,307,000) minus six months to Jun 30, 2024 ($93,579,000)10-Q Nov 12, 2024 ↗10-Q Aug 13, 2024 ↗

Fiscal years: FY2025 $1.06B (Jan–Dec 2025, 10-K) · FY2024 $267.9M (Jan–Dec 2024, 10-K) · FY2023 $75.17M (Jan–Dec 2023, 10-K)

Later filings revised 3 of these figures (for example, three months to Mar 31, 2022: $21,488,000 first reported, $27,745,000 in the 10-K filed 2023-03-31). This data keeps the first reported figures. Excludes finance leases: TeraWulf tags finance lease principal payments separately (FinanceLeasePrincipalPayments).

Timeline

Every tracked event, newest first

  1. Jul 6, 2026LeaseAnthropic and TeraWulf 20-year data-center leaseAnthropic ↔ TeraWulfabout $19BSigned 8-K ↗
  2. Jul 6, 2026DealTeraWulf sells its Abernathy joint-venture interest to a Fluidstack-led groupFluidstack ↔ TeraWulfabout $530MSigned 8-K ↗
Deal counterparties
AnthropicFluidstack
Same category
SB EnergyCrusoe

Sources

3 sources · reviewed Oct 21, 2026

  1. SEC EDGAR (TeraWulf Inc.), “TeraWulf Form 8-K, July 6, 2026 (Justified Data Campus lease and Abernathy transaction)”, Jul 6, 2026 · 8-K
  2. SEC EDGAR (TeraWulf Inc.), “TeraWulf press release, July 6, 2026 (Exhibit 99.1): Anthropic lease at Justified Data Campus and sale of Abernathy interest to Fluidstack”, Jul 6, 2026 · 8-K
  3. Wikidata, “Wikidata item Q137654781 (TeraWulf)” · Wikidata

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