NasdaqCM:WULFSoftware
TeraWulf (WULF) Is Up 11.8% After Google‑Backed Pivot To Contracted AI Infrastructure - Has The Bull Case Changed?
TeraWulf has recently shifted from primarily Bitcoin mining to building AI and high‑performance computing data centers, securing over US$12.80 billion in long-term customer contracts and US$6.50 billion in financing, including a US$500 million bridge facility to develop a major site in Hawesville, Kentucky.
This pivot is underpinned by a Google-backed lease and equity stake, plus new land acquisitions and an early-stage build partnership with Fluor, signaling a material repositioning of the...