TeraWulf Inc. (NASDAQ:WULF) stock rocketed over 40% during midday trading on Thursday. The rally was ignited by a $3.7 billion AI data center deal with Fluidstack, backed by Alphabet Inc‘s (NASDAQ:GOOGL) (NASDAQ:GOOG) Google’s $1.8 billion guarantee. The 10-year contract to supply 200 megawatts of high-density power at Lake Mariner has social media buzzing with positive sentiment. Yet, a cryptic reveal from CEO Paul Prager in the second quarter earnings call points to a bigger catalyst: the completed integration of Beowulf Electricity & Data, his former private energy firm.
- WULF is charging ahead with explosive momentum. Get the …