TeraWulf Shares Decline Following $900 Million Stock Sale
TeraWulf (WULF) shares fell 6.11% after the company announced a $900 million stock sale, raising concerns about dilution and debt. The stock closed at $19.67, with trading volume significantly above its three-month average. The broader market saw gains, with the S&P 500 and Nasdaq Composite hitting record highs.
Tickers: $BTC $MARA $RIOT $WULF
Topics: capital raising data center expansion equity offering market reaction stock price movement