TeraWulf Shares Fall on 1Q Revenue View

Dow Jones
Apr 15

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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