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Having purchased US$9.6m worth of TeraWulf Inc. (NASDAQ:WULF) stock, the recent 11% pullback is not what insiders may have expected

Insiders who acquired US$9.6m worth of TeraWulf Inc.'s (NASDAQ:WULF) stock at an average price of US$8.08 in the past 12 months may be dismayed by the recent 11% price decline. This is not good as insiders invest based on expectations that their money will appreciate over time. However, as a result of recent losses, their original investment is now worth only US$3.6m.

Yahoo May 22, 2022

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