TeraWulf just added another massive site in Kentucky. The move signals how former bitcoin miners now chase steady revenue from high-performance computing and artificial intelligence workloads. Shares jumped more than 10% after the announcement. Analysts took notice. Keefe, Bruyette & Woods reiterated its Outperform rating on the company and kept a $33 price target. The bank highlighted how the new Muskie Data Campus reduces power and transmission risks while opening doors for potential AI leases as early as the first half of 2027. Yahoo Finance first reported the bank’s updated view days after the deal closed. The acquisition closed May 22. TeraWulf revealed details four days later. It bought the 285-acre greenfield site from Industrial Equity Partners inside the 1,000-acre EastPark Industrial Park in eastern Kentucky. The location offers room for adjacent land if needed. Total potential hits more than one gigawatt of gross power capacity. Net deliverable power lands around 800 megawatts.…