TeraWulf Reports Significant Increase in Bitcoin Mining and Stock Value

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