Digital Power Stocks Rebound as TeraWulf Leads Charge
The digital power sector is experiencing a rebound, with several stocks rising in morning trading. TeraWulf (NASDAQ: WULF) is leading the charge, up 7% to $15.94 as buyers return to the group.
This surge follows a similar trend among other digital power names, including IREN (NASDAQ: IREN), which is up 6% to $43.20, and Cipher Digital (NASDAQ: CIFR), which has risen 4% to $16.10.
The CoinShares Bitcoin Mining and Digital Power ETF (NASDAQ: WGMI) is also up 5% to $46.67, indicating that the buying activity is reaching across the entire sector.