Bitcoin Miner’s Pivot to Data Centers Pays Off as Anthropic Signs 20 Year Lease A 20 year lease agreement between TeraWulf and Anthropic is a significant milestone for the bitcoin mining industry.
The deal, which projects $19 billion in revenue over two decades, marks a seismic shift away from cryptocurrency focused infrastructure and toward a new reality where AI and computing power dominate.
The pivot by TeraWulf and its peers is not surprising given the dwindling prospects for traditional bitcoin mining. Prices have halved since their peak in October 2025, squeezing margins for less efficient operators.