TeraWulf Announces December 2024 Production and Operations Update
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TeraWulf has announced a significant update regarding its production and operations, securing high-performance computing data center leases with Core42. This agreement involves more than 70 MW of digital infrastructure and is expected to generate over $1 billion in revenue over a 10-year term.
January 03, 2025 | 9:30 pm
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TeraWulf has secured a major partnership with Core42 for HPC data center leases, expected to generate over $1 billion in revenue over a decade.
The partnership with Core42 for high-performance computing data center leases is a significant development for TeraWulf, as it is expected to generate substantial revenue over the next decade. This long-term revenue projection is likely to positively impact TeraWulf's stock price in the short term as investors react to the potential for increased financial stability and growth.
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