TeraWulf Eyes $3.5 Billion for Anthropic-Leased Data Center

TeraWulf Inc. is preparing to raise about $3.5 billion in debt to build a data center campus in Kentucky, including its first-ever foray into the leveraged loan market.

By Aaron Weinman, Michelle Cheng, Gowri Gurumurthy · Bloomberg Markets

TeraWulf Inc. is preparing to raise about $3.5 billion in debt to build a data center campus in Kentucky, including its first-ever foray into the leveraged loan market.