PANews reported on May 26th that TeraWulf (WULF), a Bitcoin mining company transitioning to HPC infrastructure development, announced the acquisition of a site in Kentucky, USA, capable of supporting over 1 gigawatt of AI and high-performance computing (HPC) loads. The initial 500 megawatts are expected to come online gradually starting in the second half of 2028, with a target of adding another 500 megawatts by 2030. The company stated that the key market constraint amid the AI ​​boom has shifted from computing hardware to power and transmission infrastructure. Driven by the news, TeraWulf's stock price surged 13% intraday, with other companies in the same sector, such as Hut 8 (HUT), Keel Infrastructure (KEEL), IREN (IREN), and Cipher Mining (CIFR), also seeing their stock prices rise.