IKONICS Corporation Stock News

EASTON, Md., Aug. 22, 2025 (GLOBE NEWSWIRE) -- TeraWulf Inc. (Nasdaq: WULF) (“TeraWulf” or the “Company”), a leading owner and operator of vertically integrated, predominantly zero-carbon digital infrastructure, today announced that the initial purchasers of 1.00% Convertible Senior Notes due 2031 (the “Convertible Notes”) have fully exercised their option to purchase an additional $150 million...

TeraWulf (NASDAQ: WULF), a firm previously characterized by the volatile nature of Bitcoin mining, has recently made an impressive shift that has propelled its stock upwards. On August 14, 2025, the company revealed a significant 10-year agreement with AI cloud service provider Fluidstack, a contract that immediately altered its course and investor outlook.

Google is deepening its push into artificial intelligence infrastructure with plans to lift its stake in bitcoin miner-turned-data-centre operator TeraWulf to 14%. The technology group will provide a $3.2 billion financing backstop in return for warrants to purchase more than 73 million shares, supporting TeraWulf's expansion of its Lake Mariner campus in western New York.

EASTON, Md., Aug. 18, 2025 (GLOBE NEWSWIRE) -- TeraWulf Inc. (Nasdaq: WULF) (“TeraWulf” or the “Company”), a leading owner and operator of vertically integrated, predominantly zero-carbon digital infrastructure, today announced the upsize and pricing of its offering of $850 million aggregate principal amount of 1.00% Convertible Senior Notes due 2031 (the “Convertible Notes”). The Convertible N...

Shares of TeraWulf (WULF 4.46%) jumped Monday, finishing the day up 4.6%. The spike comes as the S&P 500 and Nasdaq Composite were little changed.

Google quickly raised its stake in the company, while Google-backed Fluidstack said it will expand a data center campus.

TeraWulf shares rallied after Google hiked its stake in the bitcoin miner and datacenter company. The deal brings Google's total backstop to about $3.2 billion and allows the technology giant to buy about 32.5 million shares.

Shares of TeraWulf rose about 13% in premarket trading on Monday after the data centre operator announced a major expansion at its Lake Mariner campus in Western New York, backed by a new round of funding from Alphabet's Google.