By Christopher Kuo
TeraWulf shares fell after the company said its first-quarter revenue will be less than analysts expect.
Shares of the digital asset technology company fell 6.2% recently to $19.65.
The company said it expects revenue in the first quarter ending March 31 to be between $30 million and $35 million. Analysts polled by FactSet currently expect revenue of $36.6 million.
TeraWulf also said it plans to make a common stock offering of $800 million shares to finance construction of a data center in Hawesville, Ky.
Write to Christopher Kuo at chris.kuo@wsj.com
(END) Dow Jones Newswires
April 15, 2026 11:07 ET (15:07 GMT)
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