US Stock TeraWulf (WULF) Surges Over 28% in Pre-market Trading

BlockBeats News, August 14th, according to Rockflow market data, Bitcoin mining company TeraWulf (WULF) surged more than 28% in pre-market trading, currently trading at $6.97.

Earlier reports indicated that TeraWulf had signed two 10-year AI hosting agreements with AI cloud platform Fluidstack, with an expected initial 10-year contract revenue of about $3.7 billion, which could reach $8.7 billion if extension options are exercised. Google will guarantee Fluidstack's $1.8 billion lease obligation and receive approximately 41 million warrants, representing about 8% of the company.