Terawulf Inc is trading 5.7% up at $27.34 as investors reassess the impact of Friday’s New York data-center permit moratorium bill and broader crypto-mining sentiment.
- The move extends yesterday’s 7.75% gain, pushing the stock further above recent resistance levels.
- A generally firmer risk tone in U.S. equities is supporting the rebound despite softer Bitcoin prices.
- Market sentiment is improving in the absence of new negative company-specific headlines following the regulatory news.