TeraWulf seeks $3.5B debt for Anthropic AI data center
The post TeraWulf seeks $3.5B debt for Anthropic AI data center appeared on BitcoinEthereumNews.com. Bitcoin mining and data center company TeraWulf is reportedly preparing to raise about $3.5 billion in debt to fund an artificial intelligence campus leased by Anthropic. Summary TeraWulf reportedly seeks $3.5 billion through leveraged loans and bonds for its Kentucky AI campus. Anthropic’s 20-year lease could generate about $19 billion as the facility reaches full capacity. The financing adds debt risk as TeraWulf shifts from Bitcoin mining toward contracted AI infrastructure revenue. The planned financing could include leveraged loans and high-yield bonds, according to a Bloomberg report. Morgan Stanley is expected to lead the transaction, which could launch later in 2026. TeraWulf considers first leveraged loan TeraWulf Chief Financial Officer Patrick Fleury reportedly said the company could enter the leveraged loan market for the first time as part of the financing package. Leverage