TeraWulf reported Q3 2026 revenue of $76.23 million, beating estimates and showing 50.7% growth year-over-year, driven mainly by leasing data center space to AI clients. The company secured a credit backstop from Google for its Anthropic lease, reducing counterparty risk on a $19 billion contract. Despite these positives, TeraWulf lags behind peers like IREN and Cipher Digital in the AI hosting rebound due to its landlord business model, which offers steadier but slower growth. Investors will watch upcoming rent schedules and debt management as the company expands its Kentucky data center project.
TeraWulf's market cap stands at $5.03 billion as of Nov 06, 2026 22:11 WIB, with its stock price up 0.84% on the day to USD 10.16 on Pluang. In comparison, IREN shows stronger momentum with a 17.53% gain and a market cap of $7.30 billion, reflecting its robust position in the AI hosting sector. Alphabet (GOOGL), which supports TeraWulf's Anthropic lease, holds a massive market cap of $3.54 trillion and a dividend yield of 0.3%, trading at USD 288.00 with a 1.92% daily increase on Pluang.
TeraWulf announced $76.2 million revenue for Q3 2026, driven by $63 million from HPC leases. The company secured a $19 billion lease with Anthropic backed by Google credit support and signed an EPC agreement for new data centers. It operates 102 MW a...
Shares of Applied Digital, Cipher Digital, and TeraWulf dropped 13-17% following Texas Governor-elect Gina Hinojosa's pledge to halt new data center approvals until new regulations address electricity and water cost impacts. Cipher Digital, heavily e...
TeraWulf's stock dropped 4% even after Google guaranteed $19 billion in long-term leases for Anthropic at TeraWulf's Kentucky AI data center campus. The guarantee activates only after construction completes, leaving funding risks during building. Com...
TeraWulf has secured credit support from Google to back debt financing for its $19 billion AI infrastructure lease with Anthropic at its Kentucky data campus. The company also signed a definitive engineering, procurement, and construction agreement w...
AI data center stocks, including Cipher Digital, IREN, and TeraWulf, saw sharp gains after recent selloffs, with Cipher Digital rising 11%. Despite the rebound, Cipher Digital reported a Q3 revenue miss driven by shrinking bitcoin mining income and c...
