TeraWulf (WULF) Hits New All-Time High on New $9.5-Billion Fluidstack Deal

Core Viewpoint - TeraWulf Inc. has achieved a significant milestone with a new $9.5 billion partnership deal with Fluidstack for the development of a data center, leading to a surge in its stock price and establishing it as a top performer in the market [1][3]. Group 1: Partnership and Development - TeraWulf Inc. partnered with Fluidstack to develop a facility capable of powering 168 MW of critical IT load, with TeraWulf holding a 51% stake in the project [2][4]. - The joint venture includes a 25-year hosting commitment and the right to develop additional phases at the Abernathy campus, leveraging existing infrastructure for future capacity expansions [3]. Group 2: Financial Performance - In intra-day trading, TeraWulf's stock price reached a high of $17.05 before closing at $15.94, reflecting a 16.86% increase [2]. - Following the new deal, TeraWulf's contracted high-performance computing (HPC) platform capacity now exceeds 510 MW, with a growth strategy targeting an additional 250 MW to 500 MW of contracted capacity annually [5].