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TeraWulf Inc Expands with New Data Center Lease

Story Highlights
  • TeraWulf’s subsidiary leased a new data center to Fluidstack, expanding capacity.
  • Google backs the lease, increasing its stake in TeraWulf and reinforcing strategic ties.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
TeraWulf Inc Expands with New Data Center Lease

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TeraWulf Inc ( (WULF) ) has provided an update.

On August 17, 2025, TeraWulf Inc. announced that its subsidiary Akela Data LLC entered into a lease agreement with Fluidstack USA I Inc. for a new data center building, CB-5, at its Lake Mariner campus in New York. This expansion will provide over 160 megawatts of IT load for high-performance computing, with operations expected to begin in late 2026. Google has agreed to backstop certain obligations of Fluidstack under the lease and will receive warrants to acquire shares in TeraWulf. The expansion increases TeraWulf’s contracted capacity with Fluidstack to approximately 360 megawatts, reinforcing Lake Mariner’s position as a leading HPC campus in the U.S. and strengthening TeraWulf’s strategic alignment with Google.

The most recent analyst rating on (WULF) stock is a Buy with a $7.50 price target. To see the full list of analyst forecasts on TeraWulf Inc stock, see the WULF Stock Forecast page.

Spark’s Take on WULF Stock

According to Spark, TipRanks’ AI Analyst, WULF is a Neutral.

TeraWulf Inc’s overall stock score reflects significant financial challenges, including high leverage and negative cash flow, which weigh heavily on the score. Despite strong technical momentum and positive corporate events, the company’s valuation and financial instability present substantial risks. The strategic expansion and partnerships offer potential upside, but careful financial management is crucial to realize these opportunities.

To see Spark’s full report on WULF stock, click here.

More about TeraWulf Inc

TeraWulf Inc. develops, owns, and operates environmentally sustainable, industrial-scale data center infrastructure in the United States, focusing on high-performance computing hosting and bitcoin mining. The company is led by experienced energy infrastructure entrepreneurs and aims to lead the market in large-scale digital infrastructure.

Average Trading Volume: 51,794,724

Technical Sentiment Signal: Buy

Current Market Cap: $3.52B

For a thorough assessment of WULF stock, go to TipRanks’ Stock Analysis page.

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