Terawulf is trading 9.2% down at $16.29 as investors rotate away from capital-intensive AI and data-center plays.
- The stock is under pressure alongside other high-beta technology and crypto-exposed names as market sentiment shifts.
- The decline tracks broader weakness in Bitcoin and major cryptocurrencies, which have fallen 3–5% since the last close.
- Selling pressure is weighing heavily on crypto mining-related stocks as part of a broader rotation out of capital-intensive sectors.