Fluidstack abandons $11.5 billion French data center project for US expansion: Bloomberg [Yahoo! Finance]
TeraWulf Inc. (WULF)
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Source: Yahoo! Finance
The news comes as a potential derailment of France's AI ambitions, with Fluidstack serving as a crown jewel of its sovereign AI efforts, per Bloomberg. Fluidstack also exited a secondary facility south of Paris developed alongside Eclairion and utilized by Mistral in the report. The operator is relocating global headquarters from the United Kingdom to New York to secure closer proximity to domestic capital and AI/HPC partners. The #1 podcast for emerging tech stocks, Bitcoin, and weekly news analysis. Subscribe to the Blockspace Podcast here, on Apple, Spotify, or anywhere you listen to podcasts. The United States expansion involves a $50 billion master agreement with Anthropic to operate custom compute clusters across New York, Texas, and other states. Longterm, the announcement could be bullish for Bitcoin miners courting Fluidstack for more megawatt capacity. Hut 8 (NASDAQ: HUT), TeraWulf (NASDAQ: WULF), and Cipher Mining (NASDAQ: CIFR) signed deals with the firm over the
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WULF
News
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- TeraWulf (WULF) had its "buy" rating reaffirmed by Rosenblatt Securities. They now have a $23.00 price target on the stock.MarketBeat
- TeraWulf Reports (WULF) 522 MW Lease Agreements, $12.8B in Contracted Revenue [Yahoo! Finance]Yahoo! Finance
- Terawulf taps Fluor for preconstruction on $3B Kentucky data center [Yahoo! Finance]Yahoo! Finance
- TeraWulf Inc. (WULF) Revenues Drop amid Miner Space Optimization for HPC Operations [Yahoo! Finance]Yahoo! Finance
WULF
Earnings
- 2/26/26 - Miss
WULF
Sec Filings
- 3/19/26 - Form 4
- 3/19/26 - Form 4
- 3/17/26 - Form 144
- WULF's page on the SEC website