TeraWulf Shares Tumble Following New York’s Statewide Pause on Large Data Center Permits
TeraWulf Inc. (NASDAQ: WULF), a company transitioning from Bitcoin mining toward artificial intelligence and high-performance computing infrastructure, saw its stock drop sharply on Tuesday after New York Governor Kathy Hochul announced a temporary statewide moratorium on new hyperscale data centers. Shares declined approximately 7% to… Read More
Read more in: Artificial Intelligence, Blockchain & Digital Assets, Politics, Legal & Regulation | Tagged ai, bitcoin mining, data center, hpc, new york, terawulf, us
