TeraWulf Drops 7% as NY Freezes Data Center Permits
TeraWulf says its running sites and pipeline are unaffected, but the moratorium widens the regulatory tail risk investors are now pricing into US Bitcoin miners that sit near grid capacity.
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TeraWulf says its running sites and pipeline are unaffected, but the moratorium widens the regulatory tail risk investors are now pricing into US Bitcoin miners that sit near grid capacity.
Prager frames the 20-year, $19B lease as the moment TeraWulf exits its mining origins: capital is moving away from hashrate and into wholly owned AI campuses where power quality beats land.
The 20-year anchor lease at the Justified Data Campus reframes TeraWulf from a leveraged Bitcoin miner into a long-duration AI hosting landlord, with the Abernathy stake sale clearing the runway.
The 20-year term and $19B revenue projection at the Hawesville site mark TeraWulf's shift from speculative miner to contracted AI hyperscaler landlord, with WULF up 117% YTD.
TeraWulf shares jumped more than 12% after the Bitcoin mining and data center company announced the acquisition of a…