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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
$64,798.01
+1.75%
$64,798.01
+1.75%
(24s)24h Volume
$13,436,623,405.33
24h H/L
$65,176.60 / $63,267.34
Change: $1,909.26 (3.02%)
Long/Short
57.3%
Long: 57.3%Short: 42.7%
Funding Rate
+0.0047%
Longs pay
Data provided by COINOTAG DATALive data
DE
Decrypt Editorial(06:23 PM UTC)
1 min read
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…
COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.
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