Bitcoin mining company TeraWulf plans to raise approximately $3.5 billion in debt financing to build an AI data center campus in Kentucky, which will be leased to Anthropic. The fundraising is expected to kick off this year, led by Morgan Stanley, and may include leveraged loans and high-yield bonds. The campus has already signed a 20-year lease agreement with Anthropic, projected to generate around $19 billion in contract revenue. (Cointelegraph)