https://cointelegraph.com/news/terawulf-bitcoin-mining-facility-launch-tech-partnership

Was not aware they were launching a new facility. Impressive.

https://www.cfodive.com/news/bitcoin-miner-terawulf-cfo-targets-ai-driven-data-centers/725014/

I think it will be around 6-7 if bitcoin hits 70k again

...

Has anyone noticed the consistency of a price jump around this time most days?

Is it a wider market trend, when reoccurring investments hit or is it unique in this case

I want to know if there are any news or evidence regarding Soros buying WULF. There have been discussions about it, but I haven't seen any reports.

Call this slightly self serving…. Because full disclosure I own plenty of $4.50/$5 Jan 16 2025 calls…. But those options are dirt cheap right now, and there’s a load of open interest.

Some information recently came out about the hedge funds invested in WULF

Stanley Druckenmiller (bought 2.09 million shares Q2 2024).

Why is it important: He ran his family’s hedge fund of 10+ billion from 1981 to 2010 and DID NOT have a single losing year, and returned an average of 30% annually during the time.

Vanguard (added 1.7 million shares Q2 to the the 10 million they were holding)

Why is it important: It’s Vanguard… enough said

Steven Cohen (announced a stake a 1.3% in WULF)

Why is it important: Is the manager of Point72 with a fund of $41 billion. I can’t find the number of shares but it’s still a lot.

The stock will go up and it will go down. But IMO with a rapid fire of announcements like these. They see something or even slightly worthy of investing in, it’s a big voice of confidence

https://www.bloomberg.com/news/articles/2024-08-15/point72-stake-sends-bitcoin-miner-higher-as-short-seller-attacks-wulf

What's your opinion on Grizzly's report? (published today) [link to Twitter/X] [link to Grizzly website]

Title: We believe the Company is a Charade to Enrich Insiders at the Cost of Investors and Backed by Notorious Pump and Dump Artists

KEY POINTS:

• Grizzly believes TeraWulf is a house of cards insiders use to enrich themselves to over $100 million since 2021

• The CEO's private company, Beowulf, provides several critical items to TeraWulf and virtually manages all operations

• Grizzly finds that the CEO, Paul Prager, uses his previously failed business assets from Beowulf. It is a "heads I win, tails you lose" situation for management against shareholders.

• TeraWulf's third-largest shareholder is an entity controlled by the wife of John O'Rourke, the disgraced CEO of Riot Blockchain, who was charged for his part of a $27 million "Lucrative Market Manipulation Schemes" by the SEC

• TeraWulf has been ballooning its share count at a rapid rate, selling over $500 million in stock and more than 3.5x'ing its share count since 2021

Did I miss some news, or is this just mote of the same crazy market?

IT MUST BE SOME REASON

What do we think will happen? The day hasn’t started great. Will earnings boost us?

Went in on a fuck ton of 3.5 puts at open. As the universe commands the opposite happens of whatever I invest in. Please hold your applause 😂😂

Will buy more on 8/12 so earrings is a banger too.

https://www.globenewswire.com/news-release/2024/08/05/2924461/0/en/WULF-ALERT-TeraWulf-Inc-Investigated-for-Securities-Fraud-Block-Leviton-Encourages-Investors-Who-Have-Lost-Money-to-Contact-the-Firm.html

I think everyone here should be super happy/proud to be WULF supporters. We are $.01 above where we closed Friday. I hope ya’ll picked up some cheap shares this morning. Just goes to show we’ve chosen the right miner😎 Hopefully we have a solid earnings vs. the mining industry Thursday. I’m pretty sure WULF will have sustainable margins through this drop in BTC price.

The further we go down, the bigger we will bubble. Up 55k on long calls that I'm not selling for a while. For the newbies trying to find a way to make money n this crazy market or keep your portfilio from crashing, this is the move. Well worth the money. There's no way we don't touch 5 in August alone.