Bitcoin Miner TeraWulf (WULF) Stock Rallies 21% Amid $9.5B AI Infrastructure Lease
TeraWulf Inc. (NASDAQ: WULF), a US-based bitcoin mining and high-performance computing firm, announced a landmark 25-year lease contract worth approximately $9.5 billion with Fluidstack. To facilitate Terawulf’s AI infrastructure integration, the joint venture will deliver 168 megawatts (MW) of critical IT load at its Texas campus. According to SEC filings, the partnership structure also gives TeraWulf a 51% majority stake and the exclusive right to participate in future Fluidstack-led projects. The ventu ...