AICointelegraphabout 2 hours ago
TeraWulf seeks $3.5B debt for AI data center
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Bitcoin miner TeraWulf is seeking $3.5 billion in debt financing led by Morgan Stanley for its Kentucky data center campus leased by AI company Anthropic. The facility is expected to generate about $19 billion in contracted revenue over the initial lease term. Initial operations are expected in the second half of 2027.
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