MARA Holdings Falls 7%, Cipher Mining Drops 6%, TeraWulf Slides 4% as Q2 Losses Outweigh Bitcoin's $65K Push
Shares of TeraWulf fell 4% to $16.88 on Friday, alongside declines for MARA Holdings (down 7%) and Cipher Mining (down 6%). The drops came as second-quarter losses outweighed Bitcoin's push toward $65,000.
Why it matters — A TeraWulf watcher would note that the stock is moving lower in a broader selloff of Bitcoin miners tied to quarterly losses, despite a rising Bitcoin price.