TeraWulf (WULF) Stock Slides on Dec. 15, 2025: Preferred Conversion, Google-Backed AI Data Center Pivot, Analyst Forecasts, and Key Risks to Watch
December 15, 2025 (15.12.2025) — Shares of TeraWulf Inc. (NASDAQ: WULF) traded sharply lower Monday as investors weighed a familiar crypto-miner headwind (a softer Bitcoin tape) against a much newer narrative: TeraWulf’s rapid evolution into a high-performance computing (HPC) / AI data center infrastructure platform with long-duration, credit-enhanced leases. As of early afternoon trading, WULF was around $12.9, down roughly 10% on the day after opening near $14, with intraday trading spanning roughly the low $12s to the mid $14s and volume in the tens of millions of shares. StockAnalysis That pullback arrives after a blistering 2025 run: WULF shares