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Applied Digital Plunges 17%, Cipher Digital Sinks 14%, TeraWulf Tumbles 13% as Texas Data Center Fears Deepen

Source: 247wallst.com

Artificial IntelligenceCrypto & Digital AssetsElections & Domestic PoliticsCompany Fundamentals
Applied Digital Plunges 17%, Cipher Digital Sinks 14%, TeraWulf Tumbles 13% as Texas Data Center Fears Deepen

Applied Digital shares fell 17% in early trading to $13.74. The article identifies Texas politics as the biggest risk for former crypto miners that have repositioned as AI data-center landlords, but gives no further detail on the specific political risk.

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