Terawulf Inc is trading 6.2% down at $24.56 following a sharp decline in the cryptocurrency market and fresh regulatory scrutiny.
- Bitcoin and Ethereum have dropped 3.74% and 8.35% respectively since the prior close, creating a negative backdrop for crypto-linked stocks.
- Public Citizen filed a request asking U.S. regulators to force disclosure of the company's Morgantown power plant deal, adding a significant company-specific overhang.