Акции TeraWulf выросли на 95% за год, значительно опередив конкурентов. Аренда Anthropic принесла около 190 миллиардов дохода.

TeraWulf (NASDAQ:WULF) stock as of July 7 has gained 95% year-to-date, trading at $22.10, up approximately 4.86% in a single day, far outperforming peers Cipher Mining, Applied Digital, etc. The core driver is a 20-year lease agreement with AI company Anthropic, expected to generate approximately $19 billion in contract revenue.

TeraWulf signs 20-year lease with Anthropic, expected to generate approximately $19 billion in contract revenue

According to reports, the 20-year lease agreement between TeraWulf and Anthropic (developer of the Claude chatbot) is expected to generate approximately $19 billion in contract revenue; before this agreement took effect, TeraWulf's total platform contract revenue had already exceeded $13 billion. The agreement is located at the Justified Data campus in Hawesville, Kentucky, with a design capacity of approximately 401 MW, capable of supporting critical IT loads; TeraWulf expects the lease to receive investment-grade credit rating support, which is rare among miners transitioning to AI companies.

CEO Paul Prager said: "We are building a power-advantaged platform that will increasingly demonstrate its differentiated advantage in a market with constrained power supply."

Kentucky 401 MW campus initial capacity online in H2 2027, full commissioning in early 2028

According to official TeraWulf information, the Justified Data campus in Hawesville, Kentucky has a design capacity of approximately 401 MW, capable of supporting critical IT loads; initial capacity is expected to come online in the second half of 2027 and be fully commissioned in early 2028.

TeraWulf's overall expansion plan targets adding 250 to 500 MW of critical IT capacity annually at sites in New York, Texas, Kentucky, and Maryland.

Q1 2026: HPC leasing revenue of $21.02 million exceeds 60% of total revenue

According to TeraWulf's Q1 2026 financial report, HPC leasing revenue reached $21.02 million, accounting for over 60% of total revenue; digital asset mining revenue fell to $12.99 million, indicating a clear business structure shift from Bitcoin mining to high-performance computing leasing.

TeraWulf also agreed to sell its 50.1% stake in the Texas Abernathy joint venture to an investment group led by Fluidstack, cashing out approximately $450 million at a premium.

Peer comparison: WULF up 95% far ahead, CIFR up 44%

According to reports, among Bitcoin miners undergoing AI infrastructure transformation, TeraWulf's stock performance far exceeds peers:

WULF (TeraWulf): +95%, trading at $22.10; main catalyst is the 20-year lease agreement with Anthropic

CIFR (Cipher Mining): +44%, trading at $21.37; has signed 700 MW of HPC capacity, tenants include Fluidstack, Google, and Amazon

APLD (Applied Digital): +37%, trading at $33.51; Polaris Forge 2 campus 200 MW hyperscale data center lease, CoreWeave Q quarter revenue up 139% year-over-year

IREN: +15%, trading at $43.59; signed a $3.4 billion five-year AI cloud contract with Nvidia, reportedly also signed a $9.7 billion agreement with Microsoft

Analyst consensus target price $36, but WULF beta coefficient is 4

According to reports, analysts' consensus target price for WULF stock is $36, well above the current stock price; the rating distribution is 5 "Strong Buy," 8 "Buy," with no "Sell" or "Hold" ratings currently. However, WULF's beta coefficient is 4, meaning market sentiment fluctuations could dominate short-term price movements; the Anthropic project is not expected to be fully operational until early 2028, and construction, approval, or financing risks remain.

Market focus points include visible construction milestones for Hawesville planned for the second half of 2026, completion of the Abernathy asset monetization according to terms, and formal credit rating actions related to the Anthropic lease.

Frequently Asked Questions

Why has TeraWulf stock risen so much this year?

According to reports, the main drivers are the 20-year lease agreement with Anthropic (expected to generate approximately $19 billion in contract revenue), cashing out approximately $450 million from selling the Texas joint venture stake, and HPC leasing revenue in Q1 2026 already accounting for over 60% of total revenue, with a business model shift from Bitcoin mining to AI infrastructure leasing.

What is the analysts' target price for TeraWulf stock?

According to reports, the consensus target price for WULF is $36, with a rating distribution of 5 "Strong Buy" and 8 "Buy," and no "Sell" or "Hold" ratings currently.

When will TeraWulf's Kentucky Anthropic campus become operational?

According to official TeraWulf information, the Justified Data campus in Kentucky has a design capacity of approximately 401 MW, with initial capacity expected online in the second half of 2027 and full commissioning in early 2028.