WULF Stock Rockets as AI Power Deals Fuel Bullish Outlook
TeraWulf Inc.'s (WULF) stock has seen a significant surge of 7.71% driven by bullish sentiment on its Bitcoin-mining growth.
The company has been transforming from a Bitcoin miner into a leveraged play on AI data infrastructure, with a focus on power, contracts, and scale.
A key driver behind the stock's rally is the 20-year lease with Anthropic for approximately 401 MW at its repurposed aluminum smelter site, tied to an estimated $19 billion of contracted revenue.