TeraWulf has transitioned from bitcoin mining to leasing AI data centers, securing over $27 billion in long-term contracted revenue across 839MW of critical IT loads. Key leases include a 20-year, 401MW agreement with Anthropic and several deals backed by Fluidstack and Google, projecting annual rent of about $1.76 billion once fully operational. Despite expected negative earnings until rents increase by 2028, the company trades at an EV/stabilized EBITDA multiple of around 11-12x, supported by strong tenants and power assets. The stock is rated as a high-risk, long-term buy, suitable only as a small portfolio position due to tenant concentration, dilution, and construction timing risks.
TeraWulf's market capitalization stands at $6.67 billion as of Oct 13, 2026, 18:41 WIB, with an enterprise value of $9.29 billion. The stock price is currently $13.15, down 1.65% on the day, while trading volume reached 16,714,743 shares. On Pluang, the order activity heavily favors buying at 96%, indicating strong investor interest despite the recent price dip.
TeraWulf Inc., a developer and operator of large-scale digital infrastructure, announced it will hold a conference call on November 6, 2026, at 8:00 a.m. ET to discuss its third quarter financial results ending September 30, 2026. The company will re...
IREN Limited's stock rose 4% following an unconfirmed report that it signed a multiyear AI cloud contract with Anthropic, a private AI developer. This potential deal could add a major frontier AI lab to IREN's customer list, which already includes Mi...
IREN Limited's stock dropped 4% following reports of outages at its British Columbia data centers, which serve AI customers. These claims raised concerns about the reliability of IREN's facilities, impacting investor confidence and causing declines i...
Shares of data center builders Cipher Digital, TeraWulf, and Applied Digital dropped due to rising long-term Treasury yields, which increase the cost of financing their projects. Cipher Digital fell 6%, the largest decline among the group, reflecting...
