Why TeraWulf Stock Skyrocketed 83.1% in August
Shares of TeraWulf (NASDAQ: WULF) flew higher in August, finishing the month up 83.1%. The massive gain came as the S 500 (SNPINDEX: ^GSPC) rose 3.5% and the Nasdaq Composite (NASDAQINDEX: ^IXIC) rose 3.9%.
TeraWulf, a Bitcoin miner and high-performance computing (HPC) infrastructure company, announced a multibillion-dollar lease agreement with an artificial intelligence (AI) data center operator that is guaranteed by 's Google. The deal represents one of the largest data center partnerships to date in the current race to expand AI compute capacity.
Source Fool.com
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As a result the target price of 313 € shows a slightly positive potential of 7.82% compared to the current price of 290.3 € for Alphabet Inc. A.


