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via Decrypt · By Decrypt Editorial

TeraWulf Stock Pops as Bitcoin Miner Acquires Kentucky Site to Meet AI Power Demands

BTC

BTC/USDT

$84,780.01
+1.74%
24h Volume

$20,127,169,767.68

24h H/L

$84,942.45 / $82,874.93

Change: $2,067.52 (2.49%)

Long/Short
57.2%
Long: 57.2%Short: 42.8%
Funding Rate

+0.0022%

Longs pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$84,264.00

▼ -0.17%

Volume (24h): -

Resistance Levels
Resistance 3$94,549.91
Resistance 2$86,763.46
Resistance 1$84,366.01
Price$84,264.00
Support 1$83,209.30
Support 2$77,001.87
Support 3$75,259.66
Pivot (PP):$84,075.87
Trend:Uptrend
RSI (14):64.9
DE
Decrypt Editorial
(06:23 PM UTC)
1 min read
SC
Reviewed bySarah Chen

In brief

  • TeraWulf acquired an eastern Kentucky site capable of supporting more than 1 gigawatt of AI and high-performance computing data center capacity.
  • The first 500 MW is set to come online in 2028 with another 500 MW planned by 2030.
  • The acquisition reflects TeraWulf's broader strategy of securing large, power-advantaged sites as electricity becomes the key constraint in the AI…

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