WULF Stock Retreats Despite Bitcoin’s Strong Tuesday Rebound

TLDR WULF stock fell after New York paused certain permits for new hyperscale data centers. The one-year moratorium allows officials to assess environmental, energy, water, and ratepayer effects. Governor Kathy Hochul also plans to repeal sales-tax exemptions for massive data centers. Bitcoin rebounded 3% to $64,783, but regulatory concerns continued pressuring TeraWulf shares. TeraWulf will [...]

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