---
title: "TeraWulf CEO Says Not All Megawatts Are Created Equally in AI Race"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/292525596.md"
description: "TeraWulf CEO Paul Prager said the firm’s roughly $19 billion AI hosting agreement with Anthropic highlights its shift from Bitcoin mining to AI infrastructure. In an interview, according to CoinDesk, Prager said the 20-year lease for a Kentucky project was won in a competitive bid focused on access to grid power and long-term infrastructure, and that the contract value exceeds TeraWulf’s current market capitalization. He said the facility is expected to come online beginning in 2028 and that TeraWulf has hired Fluor to help build it."
datetime: "2026-07-13T19:44:00.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/292525596.md)
  - [en](https://longbridge.com/en/news/292525596.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/292525596.md)
generator: "portal-rs"
---

# TeraWulf CEO Says Not All Megawatts Are Created Equally in AI Race

TeraWulf CEO Paul Prager said the firm’s roughly $19 billion AI hosting agreement with Anthropic highlights its shift from Bitcoin mining to AI infrastructure. In an interview, according to CoinDesk, Prager said the 20-year lease for a Kentucky project was won in a competitive bid focused on access to grid power and long-term infrastructure, and that the contract value exceeds TeraWulf’s current market capitalization. He said the facility is expected to come online beginning in 2028 and that TeraWulf has hired Fluor to help build it.

### Related Stocks

- [WULF.US](https://longbridge.com/en/quote/WULF.US.md)
- [FLR.US](https://longbridge.com/en/quote/FLR.US.md)
- [WULX.US](https://longbridge.com/en/quote/WULX.US.md)
- [ANTH.NA](https://longbridge.com/en/quote/ANTH.NA.md)

## Related News & Research

- [TeraWulf CEO Paul Prager disposes of 137,500 common shares worth $2.35 million](https://longbridge.com/en/news/297376610.md)
- [What's Going On With TeraWulf Stock Monday?](https://longbridge.com/en/news/296817033.md)
- [Crypto slump, AI boom overshadow CZ’s bullish pitch at Hong Kong’s Bitcoin Asia](https://longbridge.com/en/news/297191248.md)
- [Weekly Recap: AI costs, ~80% margin and Analyst revisions on Anthropic](https://longbridge.com/en/news/297508678.md)
- [Anthropic resumes cybersecurity tests after safety pause](https://longbridge.com/en/news/297616582.md)

---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**