Search results for Terawulf
Crypto
BoA report says shift from bitcoin mining to data centres proves effective
A Bank of America (BoA) analyst gave a positive assessment of bitcoin miner TeraWulf\'s strategy to shift into artificial intelligence data centres. Blockchain outlet U.Today reported that analyst Michael Funk initiated coverage with a buy rating and a $34 price target. The report said the key is repurposing mining facilities and power infrastructure for high-performance computing AI workloads, amid rising demand for AI data centres and expansion plans through 2030.
AI & Enterprise
Wyoming implements executive order to attract AI data centres, pledges protections for water use and residential power rates
Wyoming has issued an executive order to support development of AI data centres and advanced computing facilities, setting a consistent statewide framework for permits, reviews, regulation and support. The order links efforts to attract investment with principles covering water use, environmental sustainability, workforce development and protections for residential electricity consumers. It comes a day after U.S. President Donald Trump signed an order to promote advanced AI technology for national security purposes.
Crypto
Bitcoin slides despite U.S. stock market records as miners shift to AI and crypto bills stall
Bitcoin has continued to weaken even as U.S. stock markets rise, raising questions about its recent co-movement with traditional markets. It failed to break the $78,000 resistance level and fell further. Miner selling and a shift of funds into AI data centres and high-performance computing are cited as factors, along with a large transfer by Trump Media & Technology Group. Delays in U.S. crypto legislation and fading liquidity expectations also weigh.
-
Crypto
TeraWulf secures data centre site to expand AI and HPC in U.S. Kentucky
-
Crypto
Bitcoin miners surge on AI infrastructure boom, spotlighting power assets
-
Crypto
Terawulf says Q1 HPC revenue tops bitcoin mining revenue for first time
-
Crypto
Bitcoin slumps but mining stocks rise, up as much as 85 percent in 2026
-
Crypto
Alcoa nears sale of idled New York smelter site in bitcoin mining talks
-
Crypto
Bitcoin buying detected targeting $88,000 despite war fears
-
AI & Enterprise
Bitcoin sales and AI infrastructure push intensify miners\' race for power