Terawulf is trading at $13.17, up 4.03%, amid AI-sector optimism.
- Its gain is much larger than Bitcoin’s +0.09% and Ethereum’s +0.28% moves since the prior close, so crypto prices alone do not explain it.
- Technology shares are up 1.54% amid renewed enthusiasm for AI infrastructure and chip demand.
- An October 27 KBW note pointed to potential business from Anthropic’s expansion but did not establish a new company-specific catalyst on October 28.