Terawulf is trading at $15.29, down 10.5% amid continued pressure on crypto-linked, high-beta tech names.
- A recent slide in Bitcoin and waning enthusiasm for capital-intensive AI and data-center infrastructure are weighing on sentiment for miners like Terawulf.
- Broader technology stocks are selling off as investors rotate away from growth and reassess AI spending, amplifying the downside move in the company's shares.