ION expands ETF trading capabilities with Tradeweb integration
Director Catherine J. Motz of Terawulf Inc (NASDAQ:WULF) sold 52,942 shares of common stock on September 19, 2025, at a price of $11.035, totaling $584,214. The sale occurred near the stock’s 52-week high of $11.77, amid a remarkable 259% surge over the past six months. Following the transaction, Motz directly owns 159,918 shares of the $4.71 billion market cap company. According to InvestingPro analysis, the stock appears overvalued, with analyst price targets ranging from $6.50 to $15.00.
Additionally, on September 22, 2025, Motz donated 6,700 shares to the Fidelity Investments Charitable Gift Fund. InvestingPro subscribers can access 18 additional key insights about WULF, including detailed analysis of management’s share buyback activities and future growth projections.
In other recent news, TeraWulf Inc. announced that it successfully raised $1 billion in convertible notes, following the full exercise of a $150 million greenshoe option by initial purchasers. This fundraising effort was completed through a private placement to qualified institutional buyers. Additionally, TeraWulf’s stock received positive attention from analysts, with Rosenblatt Securities raising its price target to $12, citing significant high-performance computing agreements and an investment from Google. Cantor Fitzgerald also increased its price target for TeraWulf to $14, maintaining an Overweight rating on the stock. Google has further solidified its involvement with TeraWulf by increasing its financial backstop to approximately $3.2 billion, expanding its potential equity stake in the company to about 14%. This development accompanies Fluidstack’s decision to expand at TeraWulf’s Lake Mariner data center, adding a new data center building expected to be operational in 2026. Meanwhile, Bitcoin-linked stocks, including Strategy, Marathon Holdings, and Riot Platforms, experienced declines as cryptocurrency prices retreated. Coinbase and Cipher Mining also saw decreases in their stock values. These are the latest developments affecting the companies involved.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.