TeraWulf’s (NASDAQ:WULF) $19B Anthropic Deal Announced, but $3.5B Payment Raises Questions
TeraWulf Inc. finished Friday at $21.97, only a 3.7% gain from its July 2 close, after announcing a $19 billion, 20-year data-center lease with Anthropic. The stock fell 5.3% Friday. Traders are now less focused on the contract size and more concerned about build-out costs.