Reported about 1 month ago
TeraWulf, a Bitcoin mining company powered by 95% zero-carbon energy, is strategically pivoting towards the AI infrastructure market as demand for sustainable data centers rises due to the AI revolution. With a significant revenue increase of 130% year-over-year and a strong financial position after eliminating debt, TeraWulf is expanding its operations to include a new colocation facility for AI workloads. While facing challenges from the volatile cryptocurrency market, the company's transition could offer substantial growth opportunities for investors seeking sustainable investments in the tech sector.
Source: YAHOO