CryptoMiami

Morgan Stanley Initiates Overweight on $WULF & $CIFR 🚨 🔥 TeraWulf (WULF) — Overweight 🎯 PT: $37 | Current: $14.3 → ~159% upside ⚡ Cipher Mining (CIFR) — Overweight 🎯 PT: $38 | Current: $14.8 → ~157% upside

@anni_sen The Morgantown site is a complete unicorn site. 9 power lines in, with feeds to 3 separate utility companies expandable to 1.5 GW of self generation over time. Wulf is energy company first 👏. en.wikipedia.org/wiki/Morgantow…

$GOOGL massive capex spend $185B in 2026 or roughly $500M a day directly translates to compute and energy among the bigger spends. They already have partnership with Fluidstack to build data center along with $CIFR and $WULF. It’s again time to revisit $WULF in particular, Paul Prager is a CEO, who knows how to build a data center to supply shell and power. $GOOGL recent purchase of Intersect for $4.75B allows it to apply standalone wind and solar power to data center. Intersect, which is already working on several Google projects, pivoted in recent years from developing stand-alone wind and solar farms to building them to support data centers. The company, which has $15 billion in assets online or under construction, is now finishing construction of a solar farm with battery storage to supply a Google data center in West Texas. Intersect uses turbines and batteries for its project. Given this massive google spend and Nasdaq correction, it’s time to look at the ecosystem of what it takes to develop a standalone wind and solar project. Article dropping this weekend.

@BitcoinAIGuy @RHouseResearch It was even more fun at .70😜

@RHouseResearch It was a fun buy at $2

Added to TeraWulf $WULF here. An important yet possibly overlooked detail within their 8-K filed two days ago (outlining their purchase of a 480MW former aluminum plant in Hawesville, KY from Century Aluminum $CENX) is that TeraWulf "exercised an exclusive option to purchase Hawesville." I highly doubt TeraWulf would have paid $200MM to exercise this purchase option unless they were highly confident in securing a tenant lease for this site in short order. 480MW gross at a 1.2 PUE is 400MW of critical IT capacity, which would almost double $WULF's leased capacity and add further geographical diversify to their data center portfolio. $WULF

iykyk

@McnallieM @TeraWulfInc Insanely bullish interview 👏👏👏👏👏

Another great conversation with @TeraWulfInc 👏👏👏 $WULF

@MikeBucella Fantastic news, Mike 👏👏

Big moves for $WULF ... This will more than double our owned capacity to 2.8 GW of power and continues to diversify our site matrix with these new acquisitions in Kentucky and our home state of Maryland. Continue to be proud and impressed with our teams consistent discipline in the execution of our growth plans. Well-developed, methodical and precision-based approach to scaling @TeraWulfInc.

Lansing ZBA Approves Cayuga Data Campus Zoning in 3–2 Vote | $WULF The Town of Lansing Zoning Board of Appeals voted 3–2 on December 22, 2025, siding with TeraWulf and approving the zoning interpretation for the Cayuga Data Campus. By classifying the project as “general processing,” the board confirmed it can move forward as a permitted use under current zoning. This clears one of the biggest local hurdles the project was facing and allows it to advance into the next phase of planning and permitting. It’s an important step forward for TeraWulf and removes a key source of uncertainty that’s been hanging over the project.

As we wrote in our TPUv7 article, Anthropic will be physically buying 400k TPUv7 & deploying TPUs in its own facilities. They will be buying ~$10 billion worth of TPUv7 in terms of finished racks that Broadcom will sell directly to Anthropic. As Anthropic has announced, Fluidstack will handle on-site setup, cabling, burn-in, acceptance testing, and remote hands work as Anthropic offloads managing physical servers. DC infrastructure will be supplied by TeraWulf (WULF) and Cipher Mining (CIFR). There is an further 600k TPUv7 units will be rented through Google Cloud and not bought in a deal we estimate at $42 billion of RPO.

A new product, a new customer, a new financing! Introducing Superpower: a 42MW natural gas turbine optimized for AI datacenters, built on our supersonic technology. Superpower launches with a 1.21GW order from @CrusoeAI Backstory 🧵👇

Live from Art Basel, Miami.. Beeple..

@anni_sen Always ! #WULFPACK 🐺

Thanks @cryptomiami1 for keeping me up to date on $WULF.

$WULF CEO: “$GOOG has in-house expert at every stage of value chain.” Interview on CNBC Power Lunch w $WULF CEO Paul Prager. youtu.be/8KL7E1nsrps?si… Transcription: Interviewer (Brian Sullivan): Wolf’s co-founder and CEO, Paul Prager. Paul, thanks for coming back on. What did you and your team see in Alphabet that it appears that others may have missed? Paul Prager: I don’t know if anybody could’ve missed it. I mean, they’ve been out in front of AI for nearly two decades. They pioneered large-scale machine learning. They designed their own custom silicon and understand better than anyone that the next era of AI requires large, enormous, durable power-centric infrastructure. And that’s what TeraWulf has and that’s what we deliver on. So it is a great partnership. It’s a great alignment. Brian Sullivan: What do you mean they saw coming for 20 years? I mean, now we’ve been talking about AI for like a year now. We have, obviously, you haven’t, but we’re in media. Where did—where did maybe make the right pivot years ago then, Paul? Paul Prager: I think they were focused on large-scale machine learning early on, and they wanted to develop their own product. I mean, there’s still a customer, of course, of NVIDIA. But they’ve been very, very focused here on finding the opportunities for large-scale power-centric infrastructure. That’s the key to what is currently happening in high-power computing AI. You need to have the infrastructure. It’s gotta be electrified, be able to host these high-power computing facilities, whether AI is GPUs or TPUs. You need the power. Brian Sullivan: Paul, we were talking earlier about winner-take-all versus, hey, there’re gonna be a lot of players because the demand for this is going to be so big. In your view, do you think it’s just Google? Are there other players as well that could support this growth of huge ecosystem? Paul Prager: Sure, I think there are other players who mean Microsoft is terrific. Amazon certainly has got a good start. I really like our partnership with Google. I think they have in-house expertise at every stage, if you will, of the value chain, which is great cultural alignment for us. We’re the same way in energy infrastructure. There are terrific partners. We work well as a team. We’re learning a lot from them on our sites in upstate New York and now in Abernathy, Texas. And they contribute like a partner. They’re all focused on the end result. They want schedule and they want performance specification, and help you drive in that direction. There’s a lot of industry lingo, Paul, being bandied about. Not all of our viewers are as deep into—probably none—as you and your team. The Alphabet team is. So in sort of layman English, right? What is full stack? We hear that term a lot—the full stack. Then what is the difference with Alphabets? They use these things, TPUs, versus like a GPU, right? Paul Prager: You know, I can’t speak to—there’s a lot of new reporting on it, what its capabilities are, how price effective it is, how efficient it is. That some of the aspects of high-power compute—what hardware selection folks make is what hardware selection the end user wants. What TeraWulf will do, and we are doing in our partnership with Google, is we are enabling the infrastructure to be ready to roll on the date that they want it, with performance capabilities they have spec’ed. So they could compete in what is really now pretty competitive market here. And key—can you find sites, do have electrons, and can complete build schedule consistent with your partners’ requirements? Power short—that’s what everybody is most focused on right now, certainly through ’26, ’27, and ’28.

@AndreasSteno x.com/accounting_ds/…

@AndreasSteno The more telling metric will be the market’s appetite for the bonds being used to generate capital for the infra build out. We already started seeing some differences in the bond rates depending on the tenant counterparty (CRWV vs hyperscaler) in the past few weeks… 🤔

This is a fair point

ETF (green) & BTC Co's (orange) starting to inflect. The former is far more consequential for the price; the latter continues to be neutral/drag. Risk/Reward is highly favourable from here. Killer charts @caprioleio

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A few tickers you should probably own 💰 🐺 $WULF ⚡️ $IREN 🚀 $CIFR Talk soon…😎

@IonicDigital Fantastic news! Cedarvale is a 1GW+ unicorn Texas HPC site with a class A tenant (MSFT/NScale). This CEO seems to have the background to bring maximal value to @IonicDigital shareholders. Onward ! 👏

Andy Stewart joins Ionic Digital as CEO. With deep experience in digital infrastructure and a proven record of building world-class teams, Andy will lead Ionic into its next chapter, scaling powered land, high-performance computing, and energy innovation. Read our full press release here: businesswire.com/news/home/2025…