This Bitcoin miner just became an AI infrastructure landlord. Wall Street loves it. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
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TeraWulf just signed a 20-year lease with Anthropic worth an estimated $19 billion in contracted revenue. The deal covers a purpose-built AI campus in Hawesville, Kentucky -- 401 megawatts of nuclear-powered compute capacity that Anthropic has locked up through 2046. As of Q1 2026, HPC lease revenue already accounts for 62% of TeraWulf's total revenue. The stock is up 95% year to date. Wall Street has a Strong Buy consensus with an average price target of $36.63 -- implying 66% upside from today's $22.10. Bank of America, Citi, and Compass Point all rate WULF a Buy. Compass Point just raised its target to $40. The bull case: power-ready nuclear sites are the scarcest asset in AI infrastructure. Anthropic just paid 20 years of rent to prove it.
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