Terawulf is trading at $17.87 (down 5.1%) following a sharp reversal from its pre-market rebound as investors reassess capital-intensive AI and data-center plays.
- The decline tracks broader selling pressure in high-beta technology stocks amid growing concerns over the sustainability of AI-related capital expenditures.
- While Bitcoin and major cryptocurrencies remain relatively flat, the move highlights Terawulf's current sensitivity to technology sector sentiment rather than crypto price action alone.