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TeraWulf shares drop 7% after New York pauses data center permits for one year · Cyprus Report

Tech · World

TeraWulf shares drop 7% after New York pauses data center permits for one year

1 sourceFirst reported 7 days agoUpdated 7 days ago

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TeraWulf's stock decreased by 7% following New York's announcement of a one-year pause on new data center permits.
The company stated that its existing data centers in New York will continue to operate without interruption.
TeraWulf emphasized that its ongoing development plans will not be impacted by the state order.
The pause on permits is part of New York's regulatory approach towards data centers.

Generated by AI from the 1 sources below · always verify with the originals

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TeraWulf falls 7% after New York orders one-year pause on new data center permitsThe Block · 7 days ago

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AI summary: catch up in 20 seconds

TeraWulf's stock decreased by 7% following New York's announcement of a one-year pause on new data center permits.
The company stated that its existing data centers in New York will continue to operate without interruption.
TeraWulf emphasized that its ongoing development plans will not be impacted by the state order.
The pause on permits is part of New York's regulatory approach towards data centers.

Generated by AI from the 1 sources below · always verify with the originals