Terawulf (WULF) is trading at $23.85 (+4.47%) in pre-market, extending its rally due to continued positive sentiment surrounding its strategic pivot to AI infrastructure. - The company is benefiting from the significant 20-year lease agreement with Anthropic for a Kentucky data center, a $19 billion revenue deal announced on July 6, alongside recent analyst upgrades including Morgan Stanley raising its price target to $72 and Compass Point to $40. - The stock's movement appears company-specific, as the broader cryptocurrency market is showing declines today, with Bitcoin down 1.74% and Ethereum down 1.56%.