Movement Alert｜TeraWulf Inc. Rises 5.3% in Regular Trading, Acquisition of Kentucky Hyperscale Data Campus Combined with Analyst Target Price Upgrades

Market Focus05-28

On May 28, TeraWulf Inc. rose 5.3% in regular trading, trading at $26.61/share, with trading volume of approximately $593 million.

On the news front, TeraWulf announced the acquisition of the Muskie Data Campus, a hyperscale high-performance computing development site in Eastern Kentucky, from Industrial Equity Partners. The site spans approximately 285 acres and is expected to eventually support more than one gigawatt of data center capacity, with an initial 500 megawatts expected to begin ramping up in H2 2028 and the remainder in H2 2030. Financial terms of the deal were not disclosed.

Additionally, B.Riley raised its target price on TeraWulf from $27 to $32 while maintaining a Buy rating. Morgan Stanley had previously raised its target to $42 with an Overweight rating, and FactSet consensus analyst target price has risen to $30.87, significantly above the current trading level. The combination of capacity expansion through acquisition and continued bullish analyst coverage has driven the stock to extend its recent rebound from post-earnings lows.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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Rises 5.3% in Regular Trading, Acquisition of Kentucky Hyperscale Data Campus Combined with Analyst Target Price Upgrades\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1054767329\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/51943b2858f75e05ca2ebb144b4e626a);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Market Focus </p>\n<p class=\"h-time\">2026-05-28 02:27</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p><p>On May 28, TeraWulf Inc. rose 5.3% in regular trading, trading at $26.61/share, with trading volume of approximately $593 million.</p><p>On the news front, TeraWulf announced the acquisition of the Muskie Data Campus, a hyperscale high-performance computing development site in Eastern Kentucky, from Industrial Equity Partners. 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