TeraWulf Q2 revenue $44.8M, signs $19B Anthropic lease, sells Abernathy JV for $530M

TERAWULF INC.

Q2 revenue $44.8M, HPC lease revenue $31.9M (71% of total); cash and restricted cash ~$3.0B.
Signed 20-year lease with Anthropic for ~401 MW at Justified Data Campus; ~$19B contracted revenue, up to ~$33B with extensions.
Agreed to sell 50.1% Abernathy JV interest for ~$530M cash; FERC authorized Morgantown acquisition for up to 1 GW Chesapeake campus.
Lake Mariner capacity now 102 MW revenue-generating; 336 MW under construction; reaffirms 250-500 MW annual contracting target.

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