TeraWulf stock jumps 13% on Kentucky AI data center plan

Bitcoin mining company TeraWulf saw its stock price jump 13% after announcing plans to build a large-scale AI and high-performance computing (HPC) data center in Kentucky. The company's shares are currently trading at $25.84, up 13.21%. According to CoinDesk, the project is planned to have a maximum capacity of one gigawatt (GW). TeraWulf aims to launch with 500 MW in 2028 and pursue further expansion through 2030.