TeraWulf: Acquires Kentucky Site for AI Power Needs

TeraWulf shares jumped after the Bitcoin miner secured a Kentucky site to expand power capacity for AI workloads.

The move aligns with rising institutional demand for energy infrastructure that supports both BTC mining and high-performance computing clusters over the past year.

Price sits at $75940.25 inside the Bollinger Bands with upper resistance at $77964.07 and lower support at $75709.02. Bearish structure persists as price trades below EMA50 at $77152.51 and EMA200 at $77320.38, while MACD at -56.56 confirms the death cross and RSI at 40.77 shows neutral momentum. A test of upper band resistance followed by a retracement toward the 50-EMA appears likely before any sustained continuation in BTC price prediction scenarios.