tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

TeraWulf Inc Secures 80-Year Lease for Expansion

Story Highlights
TeraWulf Inc Secures 80-Year Lease for Expansion

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

TeraWulf Inc ( (WULF) ) just unveiled an announcement.

On August 12, 2025, TeraWulf Inc. entered into an 80-year lease agreement for 183 acres at the Cayuga site in Lansing, New York, to expand its high-performance computing and AI data center hosting. This lease allows TeraWulf to develop up to 400 MW of digital infrastructure capacity, with 138 MW expected to be operational by 2026, leveraging predominantly zero-carbon energy. The transaction, approved by a special committee of independent directors, involves a $95 million payment in TeraWulf common stock and $3 million in cash to Cayuga’s parent company, reinforcing alignment between management and shareholders. Additionally, on the same date, TeraWulf restructured its internal leases at the Somerset site to optimize power and infrastructure resources for its bitcoin mining and HPC subsidiaries.

The most recent analyst rating on (WULF) stock is a Buy with a $7.50 price target. To see the full list of analyst forecasts on TeraWulf Inc stock, see the WULF Stock Forecast page.

Spark’s Take on WULF Stock

According to Spark, TipRanks’ AI Analyst, WULF is a Neutral.

TeraWulf Inc.’s overall stock score reflects significant financial challenges, including inconsistent revenue growth and high leverage. While technical indicators and recent corporate events provide some positive signals, the negative valuation and financial performance weigh heavily on the score. The company’s strategic expansion efforts and operational progress offer potential for future improvement, but current financial metrics remain a concern.

To see Spark’s full report on WULF stock, click here.

More about TeraWulf Inc

TeraWulf Inc. is a leading owner and operator of environmentally sustainable, industrial-scale data center infrastructure in the United States, specializing in high-performance computing (HPC) hosting and bitcoin mining. The company is committed to innovation and operational excellence, aiming to lead the market in large-scale digital infrastructure.

Average Trading Volume: 46,543,483

Technical Sentiment Signal: Buy

Current Market Cap: $2.05B

Learn more about WULF stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1