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via Decrypt · By Decrypt Editorial

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

BTC

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+7.44%

$74,536.74

+7.44%

(24s)

24h Volume

$35,361,365,063.04

24h H/L

$74,866.66 / $68,902.22

Change: $5,964.44 (8.66%)

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Long: 50.7%Short: 49.3%

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▲ 0.52%

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Price$73,408.00

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Trend:Uptrend

RSI (14):80.9

Decrypt Editorial

(06:23 PM UTC)

1 min read

Reviewed bySarah Chen

0 comments

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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