On June 9, TeraWulf Inc. rose 5.84% in regular trading, trading at $26.87/share, with trading volume of $55.96 million. The stock extended its rebound momentum following a series of positive developments around AI infrastructure financing and institutional endorsements.

On the news front, the company recently partnered with Morgan Stanley to explore leveraged loan markets as a financing tool for AI infrastructure buildout. CFO Fleury indicated that the foundational architecture is largely in place, with the market awaiting more transactions to establish precedent. This initiative is expected to broaden the company's funding toolkit significantly. Additionally, TeraWulf's collaboration with Schneider Electric to deploy over $290 million in AI infrastructure and liquid cooling systems at its Lake Mariner data campus in New York continues to underpin growth expectations.

On the analyst front, Bernstein maintains an outperform rating with a $36 target price, while Morgan Stanley holds a $42 target. The FactSet consensus target remains well above the current trading level, providing further support for the stock's upward trajectory despite earlier concerns over $5.7 billion in total debt highlighted by CoinShares.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)