IKONICS jumps 41% on business combination for a US publicly traded ESG-focused cryptocurrency mining company

Jun. 25, 2021 9:13 AM ETTeraWulf Inc. (WULF)WULFBy: Manshi Mamtora, CFA1 Comment
  • TeraWulf expects to become a Nasdaq-listed company through a business combination with IKONICS (NASDAQ:IKNX).
  • TeraWulf is positioned to generate environmentally sustainable bitcoin at an industrial scale in the U.S. using over 90% zero-carbon energy and expects to have 50 MW of mining capacity online

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