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Express News | Bitcoin mining firms' rush to pivot toward AI-related businesses intensifies, with Cipher and Hut 8 shares hitting record highs
TeraWulf Options Spot-On: On May 27th, 144.31K Contracts Were Traded, With 2.4 Million Open Interest
On May 27th ET, $TeraWulf(WULF.US)$ had active options trading, with a total trading volume of 144.31K options for the day, of which put options accounted for 34.52% of the total transactions, and
TeraWulf Shares Are Trading Higher After B. Riley Securities Maintained Its Buy Rating and Raised Its Price Target on the Stock From $27 to $32
TeraWulf's Kentucky Expansion Adds Scale, Complexity, Oppenheimer Says
AI boom ignites Bitcoin mining stocks! TeraWulf surges 17%, Hut 8 rises over 5%, as Wall Street reassesses miners’ valuations.
Bitcoin mining stocks surged significantly yesterday, reflecting the AI-driven rally in semiconductor shares on Wall Street, which is providing fresh momentum to cryptocurrency miners betting that their energy-intensive infrastructure can support the AI boom. Market sentiment toward the sector continues to strengthen as an increasing number of miners pivot toward AI and high-performance computing workloads. Join the CFTime Telegram discussion group now! Stay up to date with the latest developments in crypto markets and AI news—and receive free Web3 event passes! Bitcoin Mining Stocks Rise Across the Board Company Stock Ticker Gain TeraWulf WULF Up as much as 17% (on news of Kentucky data center acquisition) Hut 8 HUT Closed up over 5% IREN IREN Closed up over 5% Riot Platforms RIOT Closed up over 5% The rally coincided with the S&P 500 hitting a new all-time high above 7,500 points, driven by strong gains in information technology and semiconductor stocks. The Philadelphia Semiconductor Index so
B. Riley Securities Maintains TeraWulf(WULF.US) With Buy Rating, Raises Target Price to $32