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TeraWulf Kentucky bridge loan
A short loan to start a Kentucky campus that Anthropic signed for 20 years, at about $19B. The bigger raise is expected to include high-yield bonds.
- Size
- $500M · A 364-day bridge. About $3.5B more was planned as of Jul 10.
- Date
- Type
- Bank loan
- Status
- Closed
Who does what
- Morgan Stanleyagent, expected to lead the larger raise
- TeraWulfborrows through Raylan Data LLC
- Anthropicthe tenant
What we don’t know
- Whether the $3.5B raise has closed
Sources
- TeraWulf 8-K, Mar 16, 2026 SEC · Mar 16, 2026
- TeraWulf seeks $3.5bn in funding for construction of data center for Anthropic DCD · Jul 10, 2026
We opened each of these on Oct 30, 2026.
See it on the debt map. Not financial advice.