--- title: TeraWulf Secures $19 Billion Contract, Shifts Focus from Bitcoin to AI Services canonical: https://mining-provider.com/terawulf-secures-19-billion-contract-shifts-focus-from-bitcoin-to-ai-services/ author: Mining Provider Editorial Staff published: 2026-07-11 updated: 2026-07-11 language: en category: News description: TeraWulf has secured a $19 billion contract with Anthropic for computing capacity, marking its shift from Bitcoin mining to stable data center revenues. Meanwhile, Malaysia seized over 75,000 crypto mining devices in a crackdown on illegal operations. source: Provimedia GmbH --- # TeraWulf Secures $19 Billion Contract, Shifts Focus from Bitcoin to AI Services > **Autor:** Mining Provider Editorial Staff | **Veröffentlicht:** 2026-07-11 **Zusammenfassung:** TeraWulf has secured a $19 billion contract with Anthropic for computing capacity, marking its shift from Bitcoin mining to stable data center revenues. Meanwhile, Malaysia seized over 75,000 crypto mining devices in a crackdown on illegal operations. --- ## TeraWulf Secures $19 Billion Contract with Anthropic TeraWulf, an American Bitcoin miner, has secured a long-term leasing contract worth $19 billion with Anthropic for computing capacity. This significant deal marks a strategic shift for TeraWulf, moving from the volatile revenues of Bitcoin mining to more predictable data center revenues. The contract involves leasing approximately 401 megawatts of computing capacity at the Justified-Data-Campus in Hawesville, Kentucky, over a period of twenty years. The announcement on July 6 led to a temporary surge in TeraWulf's stock price, which increased by up to 19%. This transition from Bitcoin mining to leasing computing power for high-performance computing and AI applications positions TeraWulf as a competitor in the AI sector, significantly altering its business model. > "The shift from Bitcoin mining to renting computing power could fundamentally change the company's strategy." In the first quarter of 2026, TeraWulf reported revenues of $34 million, with $21 million coming from high-performance computing rentals, surpassing the $13 million from mining. However, the company remains deeply in the red, with a net loss of $427.6 million and a negative equity of $77.6 million. Overall, the Anthropic deal provides TeraWulf with a more stable revenue stream, which is crucial for its future growth and financial health. ## IREN Transitions from Bitcoin Mining to AI Cloud Platform IREN is undergoing a strategic transformation, shifting its mining infrastructure to support artificial intelligence applications. This move reflects a broader trend in the industry, where companies are diversifying their operations to include high-performance computing services alongside traditional Bitcoin mining. The company aims to leverage its existing infrastructure to cater to the growing demand for AI and data processing services, which could enhance its revenue stability and reduce reliance on the volatile cryptocurrency market. Investors are closely monitoring IREN's ability to scale its operations efficiently while managing costs, as these factors will significantly impact its profitability in the evolving digital landscape. ## New Hampshire Halts Bitcoin-Backed Municipal Bond Initiative The state of New Hampshire has recently halted a groundbreaking initiative to issue Bitcoin-backed municipal bonds, which aimed to integrate digital assets into traditional capital markets. The proposed $100 million financing model for the Bitcoin mining company CleanSpark was narrowly rejected by the Executive Council, despite receiving a preliminary rating of "Ba2" from Moody's. This initiative was intended to establish Bitcoin as institutional collateral, with CleanSpark required to back the loan with at least 160% of its value in Bitcoin. The rejection highlights ongoing concerns regarding the volatility of Bitcoin and its suitability as a financial instrument within public finance. > "The decision of the Executive Council undermines potential revenue opportunities for the state." Despite the setback, the proposal reflects New Hampshire's position as a leader in Bitcoin-friendly legislation and its efforts to explore innovative financial solutions involving digital assets. ## Cango to Execute 10-for-1 Stock Split Cango, a Bitcoin mining company listed on the NYSE, is set to conduct a 10-for-1 stock split on July 20. This means that every ten shares will be consolidated into one share, which is expected to enhance the liquidity of the stock and make it more accessible to a broader range of investors. The stock split is part of Cango's strategy to improve its market presence and attract more investment in the competitive landscape of Bitcoin mining. Following the split, the company's A shares will continue to trade under the ticker "CANG" with a new CUSIP number. ## Malaysia Seizes Over 75,000 Crypto Mining Devices Malaysian authorities have confiscated more than 75,000 crypto mining devices as part of a crackdown on illegal mining operations between 2022 and May 2026. This extensive operation included over 3,000 raids and resulted in the arrest of 629 suspects, highlighting the government's commitment to combating energy theft and illegal mining activities. The Deputy Minister of Home Affairs emphasized that illegal mining poses significant financial risks to energy providers and disrupts the power supply. The government plans to enhance enforcement measures and collaborate more closely with energy companies to identify illegal mining sites effectively. > "Identifying potential hotspots early is crucial for targeted interventions." As the demand for digital assets continues to rise, the Malaysian government remains focused on regulating the mining sector while ensuring compliance with legal standards. Sources: - [19 Milliarden von Anthropic, TeraWulf baut sein Geschäft um](https://www.btc-echo.de/news/bitcoin-miner-sichert-sich-19-milliarden-dollar-vertrag-mit-anthropic-234086/) - [IREN: Vom Bitcoin-Mining zur KI-Cloud-Plattform](https://www.aktien.news/iren-vom-bitcoin-mining-zur-ki-cloud-plattform) - [US-Bundesstaat New Hampshire stoppt Bitcoin-besicherte Kommunalanleihe](https://www.blocktrainer.de/blog/us-bundesstaat-new-hampshire-stoppt-bitcoin-besicherte-kommunalanleihe) - [Die IREN-Aktie bleibt vom Ausbau der Rechenzentren für Bitcoin-Mining gestützt](https://www.ad-hoc-news.de/boerse/news/ueberblick/die-iren-aktie-bleibt-vom-ausbau-der-rechenzentren-fuer-bitcoin-mining/69739228) - [Das Bitcoin-Mining-Unternehmen Cango wird am 20. Juli einen Aktiensplit im Verhältnis 10:1 durchführen.](https://www.bitget.com/de/news/detail/12560605499406) - [Malaysia beschlagnahmt mehr als 75.000 Krypto-Mining-Geräte](https://newsbit.de/malaysia-beschlagnahmt-mehr-als-75-000-krypto-mining-geraete/) --- *Dieser Artikel wurde ursprünglich veröffentlicht auf [mining-provider.com](https://mining-provider.com/terawulf-secures-19-billion-contract-shifts-focus-from-bitcoin-to-ai-services/)* *© 2026 Provimedia GmbH*