We recently published 10 Stocks With Eye-Popping Gains — 1 Surges 3,000%. TeraWulf Inc. (NASDAQ:WULF) is one of the top performers on Tuesday. TeraWulf rallied for a third consecutive day on Tuesday to nearly touch its 52-week high, as investor optimism for a fellow high-performance computing (HPC) company spilled over to its stock. On Tuesday, TeraWulf Inc. (NASDAQ:WULF) jumped by as high as 12 percent to $10.32—just 3.6 percent shy of its highest 52-week price of $10.71—before ending the day just up by ...

Key Points TeraWulf inked a massive multibillion-dollar deal that includes a guarantee from Google. The company will provide 360 MW of artificial intelligence (AI) compute capacity. 10 stocks we like better than TeraWulf › Shares of TeraWulf (NASDAQ: WULF) flew higher in August, finishing the month up 83.1%. The massive gain came as the S&P 500 (SNPINDEX: ^GSPC) rose 3.5% and the Nasdaq Composite (NASDAQINDEX: ^IXIC) rose 3.9%. TeraWulf, a Bitcoin miner and high-performance computing (HPC) infrast ...

Core Viewpoint - TeraWulf Inc. has successfully completed the offering of 1.00% Convertible Senior Notes due 2031, raising a total of $1.0 billion, including an additional $150 million from the exercise of the greenshoe option [1][2][3] Group 1: Offering Details - The Convertible Notes were offered in a private placement to qualified institutional buyers under Rule 144A of the Securities Act of 1933 [2] - The total principal amount of Convertible Notes sold in the offering reached $1.0 billion, including the additional notes purchased [1][3] Group 2: Financial Proceeds - Net proceeds from the offering, after deducting discounts, commissions, and estimated expenses, amounted to approximately $975.2 million [3] - The company allocated $100.6 million of the net proceeds to fund capped call transactions, with the remaining proceeds directed towards data center expansion and general corporate purposes [3] Group 3: Capped Call Transactions - In connection with the additional notes, TeraWulf entered into capped call transactions with a cap price of $18.76, which is a 100% premium over the last reported sale price of its common stock [2]

As the tech industry continues to evolve, companies like TeraWulf Inc. WULF are strategically positioning themselves to capitalize on emerging opportunities in high-performance computing. This shift is drawing significant attention from investors eager to participate in the expansion of data center capabilities.TeraWulf shares are trading slightly higher on Friday after the company announced in a regulatory filing on Wednesday that it had completed its previously announced $850 million private offering of c ...

Company Overview - TeraWulf has transitioned from Bitcoin mining to AI infrastructure, significantly impacting its stock performance, which surged 70% following a major contract announcement [2][3] - The company has entered a 10-year agreement with Fluidstack, valued at approximately $3.7 billion, focusing on high-performance computing (HPC) [2] - Google has strategically invested in TeraWulf, providing a $1.8 billion safeguard for Fluidstack's lease commitments and acquiring an 8% equity stake [2] Financial Performance - In Q2 2025, TeraWulf reported revenue of $47.6 million, marking a 34% year-over-year increase [3] - The new AI contracts are expected to yield a site-level net operating income margin of 85%, contrasting with the lower margins associated with cryptocurrency mining [3] Future Outlook - TeraWulf plans to deploy an initial 40 MW of liquid-cooled capacity by the first half of 2026, with full deployment of 200 MW expected by the end of 2026 [3] - The company aims to develop its capacity at the Lake Mariner campus in New York, supported by a robust pipeline for future expansion [3]

Group 1: Google and Nuclear Energy - Google announced a partnership with Kairos Power and TVA to deploy an advanced nuclear power plant by 2030, marking TVA as the first U.S. utility to purchase power from a GEN IV reactor [1] - The Hermes 2 nuclear plant in Oak Ridge, Tennessee, will supply TVA with up to 50 megawatts of reliable power, supporting Google's data centers in Tennessee and Alabama [1] Group 2: U.S. Government and Intel - The Trump administration is reportedly in talks to acquire approximately 10% of Intel, potentially making the U.S. federal government the largest shareholder of the chip manufacturer [2] - This move reflects the U.S. government's strategic intent to gain control over the semiconductor industry, which could reshape Intel's competitive position [2] Group 3: Novo Nordisk and Ozempic Pricing - Novo Nordisk announced a significant price reduction for its diabetes drug Ozempic in the U.S., with cash-paying patients now able to purchase it for $499 per month, down from nearly $1,350 [3] - This price cut aims to lower medication costs for patients and increase drug accessibility, potentially impacting the pricing strategies of similar diabetes medications [3] Group 4: OpenAI and AI Market - OpenAI CEO Sam Altman acknowledged that the AI market is entering a bubble phase, driven by exaggerated trends [4] - Altman also indicated that OpenAI plans to invest tens of billions of dollars in data center expansion in the near future, highlighting the company's ambition in AI infrastructure [4] Group 5: Google and TeraWulf - TeraWulf's stock surged over 19% following Google's announcement of increasing its stake in the company from 8% to 14%, providing $14 billion in incremental guarantees [5] - This strategic move by Google aims to bolster its data center resources to support AI and cloud computing needs while instilling confidence and funding for TeraWulf's growth [5]

Core Viewpoint - TeraWulf Inc. has announced an offering of $850 million in 1.00% Convertible Senior Notes due 2031, aimed at qualified institutional buyers, with the offering expected to close on August 20, 2025 [1][3]. Group 1: Transaction Details - The initial purchasers of the Convertible Notes have a 13-day option to purchase an additional $150 million [3]. - The expected net proceeds from the offering are approximately $828.7 million, or $975.2 million if the option is fully exercised [4]. - The Convertible Notes will accrue interest at a rate of 1.00% per annum, payable semi-annually, and will mature on September 1, 2031 [5]. Group 2: Use of Proceeds - Approximately $85.5 million of the net proceeds will be used for capped call transactions, with the remainder allocated for data center expansion and general corporate purposes [4]. Group 3: Convertible Notes Features - The initial conversion rate is set at 80.4602 shares per $1,000 principal amount, equating to an initial conversion price of approximately $12.43 per share, representing a 32.50% premium over the closing price of $9.38 on August 18, 2025 [6]. - The Company may redeem the Convertible Notes starting September 6, 2028, under specific conditions [7]. - Holders can require the Company to repurchase their Convertible Notes upon a fundamental change at a cash price of 100% of the principal amount plus accrued interest [10]. Group 4: Capped Call Transactions - The capped call transactions are designed to reduce potential dilution upon conversion of the Convertible Notes, with an initial cap price of $18.76 per share, representing a 100% premium over the last reported sale price [8][11]. - The Company expects to use part of the net proceeds from any additional Convertible Notes sold to enter into further capped call transactions [11]. Group 5: Company Overview - TeraWulf develops and operates environmentally sustainable, industrial-scale data center infrastructure in the U.S., focusing on high-performance computing and bitcoin mining [16].

The massive investments in AI data centers continue. Shares of TeraWulf (WULF 4.57%) jumped Monday, finishing the day up 4.6%. The spike comes as the S&P 500 and Nasdaq Composite were little changed. TeraWulf, a Bitcoin miner and high-performance computing (HPC) data center company, announced that Alphabet's Google has committed to providing an additional $1.4 billion in backstop after announcing it would guarantee $1.8 billion last week. AI Data center building is white hot There is a gap between the amoun ...

Last week, shares skyrocketed after the company inked two 10-year computing deals with AI cloud provider Fluidstack to offer more than 200 megawatts of capacity at its Lake Mariner datacenter space in Western New York. Shares are up about 90% over the last week. TeraWulf stock rallied more than 10% after Google hiked its stake in the bitcoin miner and datacenter operator as it funds an expansion of its Lake Mariner, New York, facility. As part of the deal, Google will offer up to $1.4 billion in additional ...

Group 1 - Novo Nordisk shares rose by 5.9% following FDA approval for the weight loss drug Wegovy to be used in liver disease treatment [1] - Terawulf shares increased by 12.6% after Google announced an increase in its stake in Terawulf from approximately 8% to 14% [1] - Soho House shares surged by 16.2% as MCR Hotels' lead investor plans to take the company private at approximately $9 per share [1] - iQIYI shares jumped by 17.1% with the recent launch of the new series "生万物," achieving significant viewership on both TV and online platforms [1]