NasdaqCM:WULFSoftware
TeraWulf (WULF) Is Up 22.2% After Securing $1.3 Billion For AI Data Center Expansion
TeraWulf recently secured regulatory approval for industrial use of its Cayuga Lake site in Lansing, New York, and, through its joint venture with FluidStack, raised US$1.30 billion in secured financing for the Abernathy AI data center project.
At the same time, substantial restricted-stock awards to senior executives highlight management’s alignment with the company’s push into high-performance computing and data-center hosting alongside its existing bitcoin mining operations.
We’ll now...