TeraWulf acquires hyperscale high-performance computing facility in Kentucky

Bitcoin miner TeraWulf’s latest deal adds more than a gigawatt of potential data center capacity in a region eager for economic investment.

WULF shares surged on Tuesday after the Bitcoin miner announced its latest move to expand into AI and HPC through a multi-phase buildout through 2030.

TeraWulf's strategic shift towards AI infrastructure could enhance its market position but poses risks due to regional concentration. The post TeraWulf expands development pipeline 36% with Muskie Data Campus acquisition appeared first on Crypto Briefing.

TeraWulf has bought a Kentucky site designed for more than 1 gigawatt of AI and high-performance computing capacity, a move that makes the company’s pivot away from pure Bitcoin mining impossible to ignore. TeraWulf disclosed Tuesday that it has acquired…

TeraWulf's strategic pivot to AI infrastructure diversifies revenue streams, but execution risks and competition could impact long-term success. The post TeraWulf expands development pipeline 36% with Muskie Data Campus acquisition in Kentucky appeared first on Crypto Briefing.

TeraWulf's expansion into AI infrastructure highlights a shift in energy resource strategies, intensifying competition with established data center giants. The post TeraWulf acquires Muskie Data Campus, pushing AI infrastructure portfolio past 2.8 GW appeared first on Crypto Briefing.

Representative James Comer, Republican of Kentucky and chairman of the House Oversight and Government Reform Committee, announced a formal investigation into prediction market platforms Polymarket and Kalshi on May 22 — demanding that the CEOs of both companies explain how their platforms detect and prevent insider trading, in a probe triggered by a series of […]

Five Republicans and one Democrat won or went to runoffs following primaries in Georgia, Alabama and Kentucky after a crypto-backed PAC and its affiliates spent a combined $20 million on media and ads.