TeraWulf Inc. shares are trading higher Tuesday after acquiring a hyperscale high-performing computing development site in Eastern Kentucky.

TeraWulf acquired the Muskie Data Campus in Kentucky, adding 1 GW of AI and HPC capacity and pushing its total portfolio to 2.8 GW across five sites.

TeraWulf acquires the Muskie Data Campus in eastern Kentucky, planning over 1 GW of hyperscale data center capacity as it pivots from Bitcoin mining to AI infrastructure.