{"url":"https://newsforagent.com/news/2026-10-24/terawulf-credit-facility-anthropic-lease","markdown_url":"https://newsforagent.com/news/2026-10-24/terawulf-credit-facility-anthropic-lease.md","title":"TeraWulf Raises Credit Line to $400 Million for AI Buildout","headline":"TeraWulf Lifts Senior Secured Credit Facility to $400 Million as Anthropic Lease Adds $19 Billion","description":"TeraWulf increased its senior secured revolving credit facility to about $400 million from $250 million.","section":"Funding","published_at":"2026-10-24T16:27:26+00:00","modified_at":"2026-10-24T16:27:26+00:00","author":"News Desk","key_takeaways":["TeraWulf increased its senior secured revolving credit facility to about $400 million from $250 million, with Morgan Stanley Senior Funding as administrative and collateral agent.","The company signed a 20-year lease with Anthropic for about 401 megawatts of critical IT capacity at its Justified Data Campus in Kentucky, expected to generate about $19 billion in contracted revenue.","TeraWulf agreed to sell its 50.1% stake in the Abernathy joint venture for cash worth around $530 million."],"companies":[{"name":"TeraWulf","is_primary":true,"profile_url":"https://akta.pro/company-profiles/00000oq/terawulf","website":"https://www.terawulf.com"},{"name":"Morgan Stanley Senior Funding","is_primary":false,"profile_url":"https://akta.pro/company-profiles/0002hxe/morgan-stanley-senior-funding","website":"https://www.morganstanley.com"},{"name":"Anthropic","is_primary":false,"profile_url":"https://akta.pro/company-profiles/0000002/anthropic","website":"https://www.anthropic.com"}],"source":{"publisher":"TradingView","title":"WULF Stock Hits Six-Month Weekly Low As TeraWulf Secures Larger Credit Line For AI Data Center Expansion","url":"https://www.tradingview.com/news/stocktwits:a2b4da706094b:0-wulf-stock-hits-six-month-weekly-low-as-terawulf-secures-larger-credit-line-for-ai-data-center-expansion/"},"other_sources":[{"publisher":"Stocktwits","url":"https://stocktwits.com/news-articles/markets/equity/wulf-stock-hits-six-month-weekly-low-as-terawulf-secures-larger-credit-line-for-ai-data-center-expansion/cZUGAjERBU1"}],"tags":["Funding","TeraWulf","Morgan Stanley Senior Funding","Anthropic"],"body_markdown":"[TeraWulf](https://akta.pro/company-profiles/00000oq/terawulf) Inc. increased its senior secured revolving credit facility to about $400 million from $250 million, with [Morgan Stanley Senior Funding](https://akta.pro/company-profiles/0002hxe/morgan-stanley-senior-funding) serving as administrative agent and collateral agent, according to a filing with the U.S. Securities and Exchange Commission. [TradingView](https://www.tradingview.com/news/stocktwits:a2b4da706094b:0-wulf-stock-hits-six-month-weekly-low-as-terawulf-secures-larger-credit-line-for-ai-data-center-expansion/) reported the change, which the company announced on Friday.\n\n## TeraWulf's Credit Facility Amendment\n\nThe amendment raises total commitments from $250 million immediately and adds an uncommitted accordion feature that allows commitments to grow by another $150 million if additional lenders agree and other conditions are met. It also removes a $150 million limit on letters of credit. TeraWulf said it would include the full revised agreement with its report for the three months ending September 30. The facility is expected to mature in April 2030.\n\nPatrick Fleury, the company's chief financial officer, said a widely syndicated credit facility was a major step forward for how the business operated. The original deal was signed on May 7 and closed with $250 million of locked-in capacity.\n\nTeraWulf also signed a 20-year lease with [Anthropic](https://akta.pro/company-profiles/0000002/anthropic) for about 401 megawatts of critical IT capacity at its Justified Data Campus in Kentucky. The company said the lease will bring in about $19 billion of contracted revenue over the initial term, and up to about $33 billion if both five-year extensions are exercised. TeraWulf agreed to sell its 50.1% share of the Abernathy joint venture for cash worth around $530 million.\n\n[Stocktwits](https://stocktwits.com/news-articles/markets/equity/wulf-stock-hits-six-month-weekly-low-as-terawulf-secures-larger-credit-line-for-ai-data-center-expansion/cZUGAjERBU1) reported that TeraWulf shares closed at $11.32, a six-month weekly low, after falling more than 60% since June. Retail sentiment around the stock remained in the bullish zone on Stocktwits, with high chatter levels over the past day.\n\n## TeraWulf's Funding and Contracted Capacity\n\nAccording to akta.pro [company records](https://akta.pro/company-data), TeraWulf has 15 funding rounds on record and total funding of $6.9 billion, with the last round dated April 14, 2026. The records list a 2026-04 post ipo equity round of $1 billion, a 2025-12 post ipo debt round, a 2025-10 post ipo debt round of $1 billion, and a 2025-10 post ipo equity round of $1.9 million led by Brainhole Technology.\n\n| Funding round | Date | Amount |\n| --- | --- | --- |\n| Post IPO equity | 2026-04 | $1 billion |\n| Post IPO debt | 2025-12 | Not stated |\n| Post IPO debt | 2025-10 | $1 billion |\n| Post IPO equity | 2025-10 | $1.9 million |\n\nThe same records show TeraWulf with 2.3 GW of controlled power capacity, 522 MW of contracted critical IT load, and a $27 billion total AI orderbook across Anthropic, Core42, and Fluidstack.\n\n## TeraWulf's Earlier Credit and Campus Moves\n\nTeraWulf amended its senior secured revolving credit agreement, increasing total commitments from $250 million to approximately $400 million effective October 23, 2026, TradingView reported. Datacenterdynamics reported that TeraWulf expanded its Lake Mariner campus near Buffalo, delivering 500MW gross capacity across six buildings with plans to reach 750MW. Crypto Briefing reported that Google guaranteed about $3.2 billion in Fluidstack lease obligations at the Lake Mariner campus in New York and acquired warrants for roughly 14% of the company, with Fluidstack contracting for 360 MW under 10-year terms and energization planned in phases through 2027.\n\n## TeraWulf's Next Steps\n\nTeraWulf said it would include the full revised credit agreement with its report for the three months ending September 30. The revolver facility is expected to mature in April 2030.\n","publisher":{"name":"News for Agent","url":"https://newsforagent.com"}}