TeraWulf Ditches Bitcoin Chaos For AI Power Gold Rush

Benzinga03-26

The CEO told CNBC on Tuesday that TeraWulf had moved away from bitcoin mining due to its volatility and unpredictable revenue, and had repositioned the business around energy infrastructure. He added ...

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class=\"meta\">\n\n\n2026-03-26 21:44 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/markets/tech/26/03/51481816/terawulf-ditches-bitcoin-chaos-for-ai-power-gold-rush><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The CEO told CNBC on Tuesday that TeraWulf had moved away from bitcoin mining due to its volatility and unpredictable revenue, and had repositioned the business around energy infrastructure.\nHe added ...</p>\n\n<a href=\"https://www.benzinga.com/markets/tech/26/03/51481816/terawulf-ditches-bitcoin-chaos-for-ai-power-gold-rush\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"WULF","symbol_name":"TeraWulf 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to meet growing demand for power and AI infrastructure.The CEO described the AI data center market as still in its early stages, driven by long-term contracts that typically span 15 years with options extending to 25 years.He noted that geopolitical tensions and commodity volatility have had only a limited impact on the business because demand for compute power—and the energy required to support it—remains strong.He said the company is focused on securing scalable sites, signing long-term customers, and expanding across locations, including Kentucky, New York, Texas, and Maryland.The CEO said the market is shifting toward a \"bring your own generation\" approach, as regulators and governments push data centers to avoid increasing electric","collect":0,"end_time":0,"defaultTopTitle":"benzinga.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"WULF":"TeraWulf Inc.","BK4588":"碎股","BK4585":"ETF&股票定投概念","BK4594":"比特币ETF概念","BK4601":"加密货币现货ETF","BK4217":"自存仓储房地产信托"},"translate_title":"TeraWulf放弃比特币混乱，投身人工智能力量淘金热","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"WULF":1.96},"content_text":"The CEO told CNBC on Tuesday that TeraWulf had moved away from bitcoin mining due to its volatility and unpredictable revenue, and had repositioned the business around energy infrastructure.\nHe added that TeraWulf plans to replicate this model repeatedly to meet growing demand for power and AI infrastructure.\nThe CEO described the AI data center market as still in its early stages, driven by long-term contracts that typically span 15 years with options extending to 25 years.\nHe noted that geopolitical tensions and commodity volatility have had only a limited impact on the business because demand for compute power—and the energy required to support it—remains strong.\nHe said the company is focused on securing scalable sites, signing long-term customers, and expanding across locations, including Kentucky, New York, Texas, and Maryland.\nThe CEO said the market is shifting toward a \"bring your own generation\" approach, as regulators and governments push data centers to avoid increasing electricity costs for consumers.\nHe explained that TeraWulf is leveraging its background in building and operating power assets to meet this requirement.\nAt its Maryland site, the company committed to generating its own electricity to supply its data center while also contributing excess power back to the grid, aligning with how the broader market is evolving.\nWULF is trading 5.6% above its 20-day simple moving average (SMA) and 15% above its 100-day SMA, keeping the broader uptrend intact despite the premarket dip. Shares are up 479.38% over the past 12 months and are currently positioned closer to their 52-week highs than lows.\nThe RSI is at 57.99, in neutral territory, suggesting momentum is positive but not stretched. Meanwhile, MACD is bullish with the MACD line at 0.2764 above the signal line at 0.1558, reinforcing that the intermediate trend is still pointed higher.\nThe combination of RSI above 50 (57.99) and a bullish MACD (0.2764 over 0.1558) suggests mixed momentum, with trend support still favorable but not in a \"hot\" overbought state.\nLooking further out, the next major catalyst for the stock arrives with the May 8, 2026 (estimated) earnings report.\nAnalyst Consensus & Recent Actions: The stock carries a Buy rating with an average price target of $17.07. Recent analyst moves include:\nSignificance: Because WULF carries significant weight in these funds, any significant inflows or outflows will likely trigger automatic buying or selling of the stock.\nWULF Price Action: TeraWulf shares were trading at $16.43 at the time of publication on Thursday, according to Benzinga Pro data.\nPhoto by Piotr Swat via Shutterstock\nTo add Benzinga News as your preferred source on Google, click here.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.39.0","shortVersion":"4.39.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2622485865","isCrawlerRequest":true}