what's TeraWulf Inc.?
TeraWulf Inc. is a digital asset technology company that owns and operates bitcoin mining facilities powered by renewable energy sources. The company focuses on sustainable mining operations, leveraging zero-carbon energy to mine bitcoin while minimizing environmental impact. Its infrastructure supports high-performance computing applications beyond mining, including AI and data processing. Key facilities include the Lake Mariner site in New York, which is being expanded to increase hashing capacity and efficiency. TeraWulf emphasizes energy innovation, using hydroelectric and nuclear power to achieve low-cost, green operations. The company is publicly traded on NASDAQ under the ticker WULF. TeraWulf's business model integrates bitcoin mining with broader digital energy solutions, positioning it at the intersection of cryptocurrency and sustainable technology. It partners with energy providers to optimize power usage and explores diversification into HPC workloads to utilize excess capacity.
KBW upgraded TeraWulf to Outperform, raising its price target to $24 due to HPC leasing.
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x.com/terawulfincInvestment bank KBW upgraded TeraWulf Inc. from "Market Perform" to "Outperform" and raised its price target from $9.50 to $24, citing a pivot toward high-performance computing leasing.
Received approval from Lansing, NY officials confirming the Lake Cayuga data center is a permitted industrial use, resolving the core zoning dispute.
Stock declines more than 10% during Monday U.S. trading hours as Bitcoin drops to $86,000, alongside similar losses for other mining companies CleanSpark and Hut 8.
Analyst coverage of the company as a crypto public company has been initiated for paid subscribers, alongside coverage of COIN and CRCL.
MSCI considers removing TeraWulf from major JPMorgan-endorsed indexes due to holdings exceeding 50% in digital assets (Bitcoin), with final decision scheduled for January 15, 2026.
META explores billions in TPU infrastructure spend through Google Cloud, stock responds with +12% gain.
Anthropic's infrastructure needs will be executed by Fluidstack, which already leases WULF infrastructure in New York.
Rosenblatt raises price target to $24.00 with Buy rating, representing 67% upside potential, citing improved profitability and surging adjusted EBITDA from HPC hosting that added $7.2M to Q3 revenue of $50.6M.
Company establishes 168 MW AI joint venture with Fluidstack and Google in Texas, marking geographic expansion beyond New York with additional locations in Ohio and Arizona under consideration.
Reports 87% revenue gain in Q3 earnings, while stock declines in after-hours trading.
Upsizes private offering to $900 million from previously planned $500 million to fund Texas data center expansion.
Raises $575 million through convertible notes to fund Google-backed AI infrastructure expansion.
Plans a $500 million convertible bond offering to fund the Abernathy Texas data center.
New joint venture with Fluidstack secures $9.5 billion in contracted revenue over 25 years for 168 MW AI cloud facility at Abernathy, Texas, with TeraWulf holding 51% stake and exclusive rights to next 168 MW project under similar terms, expected delivery H2 2026.
Stock declines 10.34% in a single day as Bitcoin mining sector experiences double-digit losses across the board.
Stock delivers +31X full cycle returns, ranking 3rd place among Bitcoin proxy stocks, significantly outperforming Bitcoin's 7x return over the same period.
TeraWulf seeks $3B in new funding to fuel expansion plans.
TeraWulf leads Bitcoin miners with strong price and market activity performance.
Tech giant deals have been completed, positioning the company in the AI compute infrastructure space.
JonesResearch sets $12 price target while projecting $547M EBITDA by 2027, representing 116% three-year CAGR driven by CB-5 facility deployment.
New $1B investment announced for data center expansion.
$400M convertible bond announced to fund expansion buildout.
Google increases stake to 14% while partnership expands by 160MW, bringing total contracted revenue to $6.7B.
Secures new $3.7 billion AI infrastructure deal amid Q2 mining revenue improvements.
Google acquires 8% stake while new deal value exceeds current market capitalization.
New multibillion dollar partnership announced with Fluidstack and Google.
Stock surges 50% amid strategic pivot to HPC/AI operations, suggesting industry-wide shift in mining companies.
$350 million in project financing secured, arranged by JPMorgan and Morgan Stanley, for expansion into AI infrastructure development.
Mining stocks surge 10-20% following CoreWeave's $4B OpenAI deal.
Company authorizes both ATM offering and share buyback program simultaneously.
Earnings announcement scheduled for tonight.