TeraWulf CEO Paul Prager Sells 137,500 Shares for $2.3 Million
Prager maintains a $665.7 million equity stake through direct and indirect holdings.
Overview
Chief Executive Officer Paul B. Prager reported a sale of ~137,500 shares of TeraWulf Inc. (NASDAQ:WULF) on August 27,, according to a recent SEC Form 4 filing.
Transaction value based on SEC Form 4 weighted average sale price ($17.06); post-transaction value based on Aug. 27, market close ($16.49).
Details
TeraWulf Inc. operates as a specialized digital infrastructure company focused on Bitcoin mining and high-performance computing. Founded in 2021 and headquartered in Easton, Maryland, the company has scaled its operations. The company seeks to deploy capital-efficient mining operations with access to reliable, cost-effective energy.
Source
Originally published at www.fool.com.