Terawulf is trading at $19.66 (+4.24%) in pre-market following a rebound in cryptocurrency sentiment and a broader risk-on market tone.
- Bitcoin and Ethereum are up 1.53% and 1.75% respectively, providing significant support for crypto-mining names.
- Broader U.S. equity futures are also higher, with the Nasdaq-100 gaining 1.15%, which is likely amplifying the upward move.