EASTON, Md., Oct. 23, 2024 (GLOBE NEWSWIRE) -- TeraWulf Inc. (Nasdaq: WULF) ("TeraWulf" or the "Company"), a leading owner and operator of vertically integrated, next-generation digital infrastructure powered by predominantly zero-carbon energy, today announced that it intends to offer, subject to market conditions and other factors, $350 million aggregate principal amount of convertible senior notes due 2030 (the "Convertible Notes") in a private offering to persons reasonably believed to be qualified inst ...

EASTON, Md., Oct. 23, 2024 (GLOBE NEWSWIRE) -- TeraWulf Inc. (Nasdaq: WULF) ("TeraWulf" or the "Company"), a leading owner and operator of vertically integrated, next-generation digital infrastructure powered by predominantly zero-carbon energy, today announced that its Board of Directors approved a share repurchase program authorizing the Company to repurchase up to $200 million of the Company's outstanding shares of common stock through December 31, 2025. The share repurchase program reflects the Company' ...

TeraWulf Inc. (WULF) shares soared 18.5% in the last trading session to close at $6.21. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 16.4% gain over the past four weeks.Shares of TeraWulf rallied for the second consecutive trading session. The surge in the company’s shares seems to be driven by investor optimism about Bitcoin's trajectory. Several favorable factors including easing monetary policy across the globe, growing sup ...

EASTON, Md., Oct. 10, 2024 (GLOBE NEWSWIRE) -- TeraWulf Inc. (Nasdaq: WULF) ("TeraWulf" or the "Company"), a leading owner and operator of vertically integrated, next-generation digital infrastructure powered by predominantly zero-carbon energy, today announced a new, long-term ground lease agreement at Lake Mariner ("New Ground Lease") that supports the Company's expansion into high-performance computing (HPC) and AI data centers and positions TeraWulf to attract long-term, high-quality customers. The New ...

Significant advancements in HPC/AI digital infrastructure at Lake Mariner 10.0 EH/s of operational self-mining capacity, doubling year-over-year EASTON, Md., Oct. 04, 2024 (GLOBE NEWSWIRE) -- TeraWulf Inc. (Nasdaq: WULF) ("TeraWulf" or the "Company"), a leading owner and operator of vertically integrated, next-generation digital infrastructure powered by predominantly zero-carbon energy, today provided an unaudited monthly production and operations update for September 2024. September 2024 Production and Op ...

HOUSTON, Oct. 03, 2024 (GLOBE NEWSWIRE) -- Talen Energy Corporation ("Talen" or the "Company") (NASDAQ: TLN), an independent power producer dedicated to powering the future, announced today that it has completed a transaction with TeraWulf Inc. ("TeraWulf") to purchase TeraWulf's interest in Nautilus Cryptomine ("Nautilus"), a 200-megawatt bitcoin mining facility in Berwick, Pa. As a result of the transaction, Talen now owns 100% of Nautilus. "We are pleased to complete this strategic transaction," said Col ...

Total Consideration of Approximately $92 Million, Resulting In a 3.4x Return on Investment1 2 MW AI/HPC Proof-of-Concept Project Nearing Completion; Targeting operations for 20 MW CB-1 in Q1 2025 and 50 MW CB-2 in Q2 2025 Maintains Q1 2025 Target ~13 EH/s Operating Capacity While Upgrading Fleet Efficiency to 18.2 J/TH and Optimizing Operating Expenses Schedules Conference Call for Third Quarter 2024 Financial Results EASTON, Md., Oct. 03, 2024 (GLOBE NEWSWIRE) -- TeraWulf Inc. (Nasdaq: WULF) ("TeraWulf" or ...

AI: The Biggest Advance Since the Internet Most people forget that the internet was invented in 1983. However, it took until the late 1990s for the internet industry to go mainstream. Pivotal technological advancements, namely Tim Berners-Lee's World Wide Web invention, the development of web browsers, and the availability of high-speed internet, were pivotal advances that led to the internet age. Since gaining popularity in the late 1990s, the internet industry has repeatedly delivered stock market winners ...

It's been a reasonably good year for Bitcoin ( BTC-USD ) with the digital asset trading above $60,000 with returns of 36% for year-to-date. The same is not the case with most Bitcoin miners. With the halving event translating difficulty in Bitcoin mining, cost Analyst's Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I a ...

PHILADELPHIA, Sept. 19, 2024 (GLOBE NEWSWIRE) -- Berger Montague is currently investigating potential claims on behalf of shareholders of TeraWulf, Inc. ("TeraWulf or the Company") (NASDAQ: WULF). The investigation focuses on whether the TeraWulf's Board of Directors and/or officers breached their fiduciary duties. If you are a TeraWulf shareholder and would like to learn more about our investigation, please contact Berger Montague: Andrew Abramowitz at aabramowitz@bm.net or (215) 875-3015, or Peter Hamner ...