TeraWulf Acquires 1 GW Kentucky AI Data Center Site, Shares Jump 11%

May 26, 2026 - 22:00
TeraWulf Acquires 1 GW Kentucky AI Data Center Site, Shares Jump 11%
TeraWulf Inc. (Nasdaq: WULF) announced Tuesday the acquisition of a hyperscale data center development site in eastern Kentucky, a move that sent shares climbing 14% at times today as investors responded to the company’s deepening push into artificial intelligence and high-performance computing infrastructure. The new “Muskie Data Campus,” purchased from Industrial Equity Partners, sits within...

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