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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%
$84,780.01
+1.74%
(24s)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
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…
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