TeraWulf Inc. director Michael C. Bucella purchased nearly $100,000 of company stock in mid-August. The transactions occurred on August 14 and August 17. Bucella bought shares at prices ranging from $16.535 to $17.47. He now directly holds 344,704 shares.
Tortoise Investment Management LLC acquired 153,225 shares during the second quarter. The firm's new position is valued at $3.79 million.
This investment activity follows a second-quarter report of a wider-than-expected loss. TeraWulf is currently pivoting toward providing AI and high-performance computing infrastructure.