TeraWulf shares rose 7% to $12.15 in morning trading after CEO Paul Prager rejected claims that its unfinished data centers are stranded assets. He argued the company secures power, fixed-price construction contracts, long-term investment-grade tenants and financing before it builds, and said it may clear land early but does not build on speculation. TeraWulf also expanded its senior secured revolving credit facility, though its stock is still down 26% over the past month. Cipher Digital (CIFR) rose 3% to $8.17 and Applied Digital (APLD) gained 2% to $18.63. The article notes that TeraWulf and Cipher Digital are converting from Bitcoin mining, while Applied Digital built its business around hosting computing workloads; the WGMI ETF rose 3% to $30.
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SPY
• NeutralSPDR S&P 500 ETF
Relevance: low
| Market | US stocks |
|---|---|
| Sector | ETF |
| Close on 10/23/2026 | 759.85 |
| Change that session | -0.54% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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