Bitcoin · CoinDesk
Among them were the questions about the effect of high interest rates
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“CoinDesk’s customers are investing billions in compute to generate substantial economic returns,” said Prager.
Key facts
- They're currently tracking ~$9 million per critical IT MW at Lake Mariner, within their $8–10 million guidance range
- A brutal few days across the AI infrastructure sector, and TeraWulf WULF $12.61
- Market Closed has been no exception,” tweeted company CEO Paul Prager earlier this afternoon
- WULF is higher by 9.2% today, but still lower by 9% over the past five days
- After speaking with a group of investors organized by Morgan Stanley yesterday, Prager summarized some of the issues and his responses
Summary
“A brutal few days across the AI infrastructure sector, and TeraWulf WULF $12.61 · Market Closed has been no exception,” tweeted company CEO Paul Prager earlier this afternoon. After speaking with a group of investors organized by Morgan Stanley yesterday, Prager summarized some of the issues and his responses. Among them were the questions about the effect of high interest rates. “That's why financing costs are central to their lease negotiations and, where contractually provided, borne by the tenant … Higher rates matter.