How are energy investors positioned?
Director Amanda Fabiano of Terawulf Inc (NASDAQ:WULF) sold 4,600 shares of common stock on August 15, 2025, at a price of $8.64, for a total transaction value of $39,744. The stock, which has shown remarkable strength with a 115% return over the past year, currently trades at $9.38. According to InvestingPro analysis, the stock appears overvalued at current levels.
Following the transaction, Fabiano directly owns 40,769 shares of Terawulf stock. The company has demonstrated significant momentum, posting an impressive 79% gain in the past week alone. InvestingPro subscribers have access to 17 additional exclusive insights about WULF’s financial health and market position.
In other recent news, TeraWulf Inc. announced plans to offer $400 million in convertible senior notes due 2031 through a private placement to qualified institutional buyers. This offering includes an option for initial purchasers to acquire an additional $60 million in notes. Meanwhile, Google (NASDAQ:GOOGL) has increased its financial backstop for TeraWulf to approximately $3.2 billion and expanded its equity stake in the company to about 14%. This move is linked to a new CB-5 lease agreement, which supports the expansion of TeraWulf’s Lake Mariner data center campus in Western New York. Fluidstack, an AI cloud platform, has also exercised its option to expand its presence at this site, adding 160 megawatts of critical IT load. Operations at the new facility are expected to commence in the second half of 2026. Additionally, Rosenblatt has raised its price target for TeraWulf to $10.50 from $6.00, maintaining a Buy rating. The firm cited significant developments in TeraWulf’s partnerships with Fluidstack and Google as a reason for this adjustment.
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