TeraWulf Surges 12% Pre-Earnings; Plans 1,480 MW Capacity Boost
TeraWulf shares jumped 11.99% over two sessions as investors repositioned ahead of its fiscal 2025 earnings release scheduled for February 26 with a follow-up conference call. The company also secured 500 buildable acres across Kentucky and Maryland to develop 1,480 MW of new power and compute capacity.
1. Shares Rally Pre-Earnings
TeraWulf shares climbed 11.99% over two trading sessions as investors repositioned ahead of the company’s fiscal 2025 results, reflecting bullish sentiment on upcoming operational and financial updates.
2. Scheduled FY2025 Earnings Release
The company will publish fourth-quarter and full-year 2025 financial and operating highlights after market close on February 26, followed by a conference call to discuss performance drivers and outlook.
3. Kentucky Site Acquisition
TeraWulf acquired a 250-acre former industrial site in Hawesville, Kentucky, featuring an energized substation, high-voltage transmission lines and existing 480 MW power capacity with phased redevelopment potential.
4. Maryland Parcel Purchase
The firm secured a 250-acre parcel at the Morgantown Generating Station in Maryland, housing 210 MW of operational generation and infrastructure to support up to 1 GW, with an initial 500 MW development planned.