Terawulf Inc is trading 4.1% up at $27.14 in pre-market, extending a sharp rebound following gains earlier in the month as crypto and risk assets rally.
- Bitcoin and Ethereum are both up approximately 3%, providing significant support for crypto-mining and AI-focused infrastructure providers like Terawulf Inc.
- Broader equity markets are seeing a risk-on move driven by reports of a tentative U.S.–Iran peace deal.
- The current price action continues the upward momentum established during the stock's strong performance on June 11–12.