TeraWulf has announced that CEO Paul Prager has established a Rule 10b5-1 trading plan to sell up to 1.65 million shares between March and August 2026, contingent on certain price conditions. The company's annual report reveals a strategic pivot from Bitcoin mining to AI and high-performance computing (HPC) hosting, with a total production of 1,496 BTC for the year. Additionally, TeraWulf is reallocating resources by selling some mining equipment to make room for HPC deployments and is collaborating with Fluidstack to develop a 168MW HPC facility in Texas.
TeraWulf CEO Plans Stock Sale Amid Strategic Shift to AI/HPC Hosting
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
