.@PaulBPrager's @TeraWulfInc just signed a $19B, 20-year Anthropic lease, and says bitcoin mining is firmly behind them. Franklin Crypto's @sethginns breaks down the disconnect between prices and fundamentals, with Hyperliquid, Uniswap, and Chainlink in focus. Plus,

What happened

TeraWulf Inc. signed a nineteen‑billion‑dollar, 20‑year lease with Anthropic and said its bitcoin mining operations are now firmly behind the agreement.

Confirmed

Global impact / market context

A long‑term power lease can lower electricity costs for miners, potentially boosting bitcoin production and profits, while the comment shows a gap between crypto prices and miners’ real earnings.

Analyst inference

Analysts note that crypto tokens such as Hyperliquid, Uniswap and Chainlink are trading at levels that do not match their current usage or revenue, indicating a price‑fundamental disconnect.

Confirmed

What to watch

1. If TeraWulf can turn the lease into lower mining costs and higher bitcoin output, which would affect its profitability and investor returns. Analyst inference
2. How the prices of Hyperliquid, Uniswap and Chainlink move relative to their network activity and revenue, showing whether the disconnect narrows. Analyst inference
3. Whether other miners secure similar long‑term power deals, which could change mining supply dynamics and influence overall crypto valuations. Analyst inference

Affected assets

• BTC — Bitcoin
• LINK — Chainlink

Evidence

• x.com