Reported about 10 hours ago
Terawulf Inc. (NASDAQ: WULF) saw its stock soar by 60% following a $1.8 billion backing from Google to support a project with Fluidstack, projected to generate $8.7 billion in revenue over 10 years. The partnership involves delivering critical IT load at Terawulf's Lake Mariner data center in New York, with the first phase expected to launch in early 2026. The company plans to explore further capital markets, hinting at growth potential despite mixed opinions on WULF's investment appeal compared to other AI stocks.
Source: YAHOO