TeraWulf


Finance

TeraWulf Dips 5% on $500M Capital Raise to Fund AI Data Center Expansion

The stock jumped 17% Tuesday after inking a $9.5 billion Google-backed AI compute deal with Fluidstack.

Data center servers (Taylor Vick/Unsplash)

Finance

TeraWulf Stock Surges 22% After $9.5B Google-Backed AI Compute Deal With Fluidstack

The bitcoin miner turned AI infrastructure firm will co-develop a 168 MW data center in Texas, with long-term revenue locked in.

Data center servers (Taylor Vick/Unsplash)

Markets

Bitcoin Miner Core Scientific Upgraded to Buy as HPC Momentum Builds: B. Riley

The bank also reaffirmed TeraWulf (WULF) as its top pick in the sector.

Racks of mining machines.

Tech

Bitcoin Mining Faces 'Incredibly Difficult' Market as Power Becomes the Real Currency

Executives at Jackson Hole’s SALT conference said the old boom-and-bust halving rhythm is breaking down, with survival now tied to cheap power and diversified infrastructure.

Mining machines (GreenBelka/Shutterstock)

Finance

TeraWulf Rally Cools on $850M Convertible Note Sale After Google Deal

Most of the net proceeds are earmarked for the firm's data center expansion, with $85 million set aside for capped call transactions to mitigate share dilution.

Máquinas de minería de bitcoin (Shutterstock)

Markets

Bitcoin Network Hashrate Rose 4% in First Two Weeks of August: JPMorgan

The combined hashrate of the 13 U.S.-listed miners the bank tracks now accounts for a record high 33.6% of the global network.

Rows dedicated to miners at the Bitcoin 2022 Conference in Miami. (Aoyon Ashraf/CoinDesk)

Markets

TeraWulf Adds Another 10% as Google Lifts Stake

The news comes alongside Fluidstack exercising its option to expand at WULF's Lake Mariner data center campus.

Máquinas de minería de bitcoin (Shutterstock)

Finance

Bitcoin Halving Is Coming and Only the Most Efficient Miners Will Survive

Only the miners with the lowest energy costs and most efficient equipment will survive the once-every-four-years event.

Bitcoin miners at work (Eliza Gkritsi/CoinDesk)

Policy

Fahrenheit Consortium Is Lead Bidder in Bankruptcy Auction for Celsius Assets

The assets include a loan portfolio, mining rigs and infrastrsucture and cryptocurrency worth as much as $2 billion.

(Pixabay)

Policy

NovaWulf Plans to Tokenize Equity of Celsius’ New Firm With $2B Assets, After Takeover

Celsius Network contacted 130 interested parties and signed confidentiality agreements with 40, before choosing NovaWulf.

Alex Mashinsky, founder and CEO of Celsius Network, at Consensus 2019 in New York (CoinDesk)