TeraWulf Doubles Capacity with Kentucky and Maryland Data Center Acquisitions
TeraWulf acquires two strategic sites adding 1.5 GW capacity, expanding to 2.8 GW total across five locations to support AI and high-performance computing growth.
TeraWulf acquires two strategic sites adding 1.5 GW capacity, expanding to 2.8 GW total across five locations to support AI and high-performance computing growth.
Keefe Bruyette upgrades TeraWulf to Outperform, raising its price target to $24 and highlighting strong growth potential from its business shift.
Citigroup forecasts bitcoin reaching $143,000 and ethereum $4,304 within 12 months, citing regulatory improvements and growing adoption despite recent market volatility.
TeraWulf is boosting its shift to AI infrastructure with a huge $9.5 billion joint venture with Fluidstack, supported by Google, leading to an "Outperform" rating from Oppenheimer.
TeraWulf's Lake Mariner campus adds 160 MW for Fluidstack, reaching 360 MW total. Google's backstop hits $3.2B, increasing its stake to 14% in this key AI infrastructure build-out.
TeraWulf secured a $3.7B AI deal with Fluidstack (Google-backed), adding 200+ MW. Google will backstop $1.8B of Fluidstack's lease obligations and receive an approximately 8% equity stake in TeraWulf. The deal could reach $8.7B with extensions.