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Why TeraWulf Stock Skyrocketed 83.1% in August

TheMotleyFool 
0 0 09.09.25
Why TeraWulf Stock Skyrocketed 83.1% in August: https://g.foolcdn.com/editorial/images/832807/datawulf.jpg
 

Shares of TeraWulf (NASDAQ: WULF) flew higher in August, finishing the month up 83.1%. The massive gain came as the S 500 (SNPINDEX: ^GSPC) rose 3.5% and the Nasdaq Composite (NASDAQINDEX: ^IXIC) rose 3.9%.

TeraWulf, a Bitcoin miner and high-performance computing (HPC) infrastructure company, announced a multibillion-dollar lease agreement with an artificial intelligence (AI) data center operator that is guaranteed by 's Google. The deal represents one of the largest data center partnerships to date in the current race to expand AI compute capacity.

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Source Fool.com

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With a current price of 211.4 € Alphabet Inc. A is right around the predicted target price of 212 €.
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