TeraWulf reports a significant increase in Bitcoin mining and share value.
According to Odaily, cryptocurrency mining company TeraWulf announced that it mined 186 bitcoins in May, with an average daily production of approximately 6.0 bitcoins. The company's installed and operational self-mining capacity has reached approximately 8.0 EH/s, representing a year-on-year increase of 82%.
On the same day of the announcement, TeraWulf's share price rose 22.4%, closing at $2.51 per share. So far this year, shares have seen a 9.1% rise, bringing the company's market value to just under $840 million.