Terawulf is trading 7.4% down at $16.29 as a broad technology-sector sell-off intensified during the August 18, 2026 session.
- Technology stocks are down 2.85% and the Nasdaq has fallen 1.37%, pressured by surging bond yields and escalating U.S.-Iran tensions.
- Bitcoin is up 0.71% and Ethereum 0.46% since their previous closes, so crypto weakness does not explain the decline.
- No fresh company-specific catalyst was identified; the latest earnings news is dated August 5.