Terawulf Inc is trading 5.7% down at $24.70 following a regulatory challenge and a broader decline in the cryptocurrency market.

  • Consumer group Public Citizen filed a request for U.S. regulators to force disclosure of the company's Morgantown power plant deal, questioning potential subsidies.
  • The stock is facing additional pressure from a sharp pullback in major digital assets, with Bitcoin dropping approximately 2% and Ethereum falling over 5%.