Yahoo Finance·2026-03-16 19:03Core Insights - TeraWulf (NASDAQ:WULF), Cipher Digital (NASDAQ:CIFR), and Coinbase Global (NASDAQ:COIN) stocks are experiencing significant gains, driven by Bitcoin's weekly momentum, which has increased approximately 6% from around $68,432 to $72,521 [2][4]. Company Developments - TeraWulf's stock rose 12% following a rebound from a previous decline after its Q4 2025 earnings report, where revenue was $35.8 million, missing the consensus estimate of $42.96 million by about 17% [5]. - Despite the earnings miss, TeraWulf's high-performance computing (HPC) lease revenue grew 35% quarter-over-quarter to $9.7 million in Q4 2025, indicating a strategic shift away from Bitcoin mining [6]. - In 2026, TeraWulf is transitioning to focus on AI and HPC data center infrastructure, having secured over $12.8 billion in long-term customer contracts and $6.5 billion in financing, including a $3.2 billion credit backstop from Google [7]. Industry Trends - The rise in Bitcoin's value is positively impacting the entire crypto infrastructure sector, with miners, exchanges, and AI/HPC data center companies all benefiting from the upward trend [6][7]. - Coinbase reported $5.2 trillion in cryptocurrency revenue for 2025, reflecting a 156% year-over-year increase, showcasing the growing market for cryptocurrency-related services [7].