Stock Market Today, July 6: TeraWulf Gains on $19 Billion Anthropic AI Lease Deal
Today, July 6, 2026, the Bitcoin miner pivots toward long-term AI infrastructure revenue through a 20-year contracted partnership.
Overview
TeraWulf (NASDAQ:WULF), a Bitcoin (CRYPTO:BTC) mining and AI data center infrastructure provider, closed at $22.21, up 4.86%. The company announced a lease to Anthropic and a joint-venture data center sale that could unlock long-term AI infrastructure revenue.
Trading volume reached 73.3 million shares, coming in about 135% above its three-month average of 31.2 million shares.
The S&P 500 (SNPINDEX:^GSPC) rose 0.74% to 7,538, while the Nasdaq Composite (NASDAQINDEX:^IXIC) climbed 1.12% to 26,121. Among bitcoin mining and AI/high-performance computing (HPC) digital infrastructure peers, Cipher Digital (NASDAQ:CIFR) gained 8.43% to $21.73, and IREN (NASDAQ:IREN) rose 13.11% to $43.91 as investors kept watching AI-data-center monetization.
Details
TeraWulf has been progressing as it transitions from Bitcoin mining to a recurring revenue HPC business model. Its latest acquisition was made in late May when the company acquired a large data center development site in Eastern Kentucky. Today, the company announced a long-term lease agreement for another HPC site in Hawesville, Kentucky.
Source
Originally published at www.fool.com.