TeraWulf mines 186 BTC in May, stock price surges by 22%

TeraWulf, a mining company, announced that it mined 186 bitcoins in May, with an average daily output of about 6.0 bitcoins. TeraWulf stated that its installed and operational mining capacity reached approximately 8.0 EH/s, an 82% increase compared to the previous year.
As a result, TeraWulf’s stock price rose by 22.4% on the same day, closing at $2.51 per share. So far this year, the stock has risen by 9.1%, and the company’s market value is slightly below $840 million.


Tags: TeraWulf, mining, bitcoin, hashrate
Source Link:
https://www.theblock.co/post/298512/terawulfs-stock-surges-22-after-mining-186…
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Original Article Link: https://www.bitpush.news/articles/6843924
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