TeraWulf Secures $19 Billion Lease with Anthropic
- Long-Term Lease Agreement: TeraWulf has signed a 20-year lease with Anthropic expected to generate nearly $19 billion in contracted revenue over the initial lease period, marking one of the largest infrastructure commitments between an AI developer and a crypto mining company.
- Power Capacity Support: The agreement will enable the Justified Data campus in Kentucky to support approximately 401 megawatts of critical IT load, with the first capacity expected to come online in the second half of 2027 and full deployment scheduled for early 2028, significantly enhancing TeraWulf's competitive position in the AI infrastructure sector.
- Asset Sale Boosts Funding: TeraWulf also announced a definitive agreement to sell its 50.1% stake in the Abernathy Joint Venture for about $450 million, which not only monetizes invested capital at a premium but also frees up additional resources for wholly owned AI infrastructure projects.
- Positive Stock Reaction: Following these announcements, TeraWulf's shares surged over 12% to around $24, outperforming many publicly traded crypto companies that declined during the broader market downturn, reflecting investor confidence in the company's strategic pivot.
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Technical Analysis for AI
Technical Sentiment Analysis for Sleepless AI (AI). As of , Sleepless AI (AI) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 4 technical signals, shows that 1 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for AI stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.
Support, Resistance & Moving Averages. From a structural perspective, AI is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Sleepless AI (AI) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.00702 | 0.0123 | 0.0166 | 0.0219 | 0.0262 | 0.0315 | 0.0358 |
| Fibonacci | 0.0123 | 0.016 | 0.0182 | 0.0219 | 0.0256 | 0.0278 | 0.0315 |
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