Terawulf is trading 4.14% lower at $15.62, with company-specific valuation concerns weighing on shares.
- A September 24 Seeking Alpha report assigned Terawulf a Sell rating and a $12 price target, citing Google’s 12.9% penny-warrant stake, substantial dilution, and stock-based compensation.
- Bitcoin is down 0.84% since the September 24 close, adding sector pressure; broader U.S. equities were nearly flat.
- No new major company announcement was identified on September 25.