On October 8, TeraWulf Inc. fell 5.21% in regular trading, trading at $13.67/share, with Turnover of $97.99 million.
The decline was driven by broad-based pressure across AI computing and digital infrastructure stocks. Peer IREN Ltd fell 5.51% and Strategy fell 2.33%, weighing on sector sentiment. TeraWulf has completed a strategic pivot toward HPC hosting and signed a 20-year lease with Anthropic, with an initial contract value of approximately $19 billion. However, the company's prior Q2 loss came in far wider than analyst expectations, and combined with near-term valuation pressures in the sector, the stock has seen increased volatility.
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