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HomeCryptoMarket StructureTeraWulf shares fall after New York pauses new data ce…

TeraWulf shares fall after New York pauses new data center permits

TeraWulf said its existing New York data centers are still operating and its development plans are not affected by the one-year pause.

TeraWulf shares fell about 7% after New York ordered a one-year pause on new data center permits, according to The Block.

In a response, TeraWulf said its New York data centers remain operational.

The company also said its ongoing development plans are unaffected by the permit pause.

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