TeraWulf Inc.

(NASDAQ:WULF) stock is trading lower on Tuesday, following news from Albany, New York, where Gov.

Kathy Hochul signed an executive order launching the first statewide moratorium on new hyperscale data centers.

Originally founded as a Bitcoin miner, this North American-based data center operator’s stock faced downward pressure as the state temporarily paused environmental permits for up to one year to establish a new regulatory framework. • TeraWulf stock is among today's weakest performers.

Why is WULF stock dropping?