Barclays PLC raised its stake in TeraWulf Inc. (NASDAQ:WULF – Free Report) by 419.7% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 424,748 shares of the company’s stock after buying an additional 343,016 shares during the period. Barclays PLC owned approximately 0.11% of TeraWulf worth $1,989,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors also recently modified their holdings of the company. Point72 Asset Management L.P. acquired a new position in TeraWulf during the second quarter worth $22,443,000. Hood River Capital Management LLC purchased a new position in shares of TeraWulf in the second quarter valued at $20,532,000. Driehaus Capital Management LLC acquired a new position in shares of TeraWulf during the 2nd quarter worth $9,948,000. Duquesne Family Office LLC purchased a new stake in shares of TeraWulf in the 2nd quarter worth about $9,301,000. Finally, Zweig DiMenna Associates LLC acquired a new stake in TeraWulf in the 3rd quarter valued at about $9,489,000. 62.49% of the stock is currently owned by institutional investors and hedge funds.
TeraWulf Price Performance
Shares of NASDAQ WULF opened at $6.08 on Friday. The firm has a fifty day moving average of $7.05 and a 200-day moving average of $5.37. TeraWulf Inc. has a 52-week low of $1.24 and a 52-week high of $9.30.
Analyst Upgrades and Downgrades
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TeraWulf Company Profile
TeraWulf Inc, together with its subsidiaries, operates as a digital asset technology company in the United States. The company develops, owns, and operates bitcoin mining facilities in New York and Pennsylvania. It is also involved in the provision of miner hosting services to third-party entities. The company was founded in 2021 and is headquartered in Easton, Maryland.
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