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TeraWulf (WULF) rose 0.42% on October 6, 2025, with a trading volume of $370 million, ranking it 314th in market activity for the session. The stock’s performance followed mixed market sentiment amid sector-specific developments in the broader crypto-mining space.
Analysts noted that TeraWulf’s modest gains were influenced by recent operational updates and strategic positioning within the competitive
mining industry. While the company has faced challenges from rising energy costs and regulatory uncertainties, its recent focus on optimizing hardware efficiency and securing long-term power purchase agreements has drawn renewed investor interest. However, market participants remain cautious, with the stock’s volume levels indicating limited conviction in the upward move.For back-testing purposes, a strategy based on the top 500 U.S. stocks by daily trading volume requires clarification on universe parameters. Options include using all actively traded equities or a predefined index like the Russell 3000. Portfolio rebalancing mechanics—whether equal-weighted or volume-weighted—and benchmark comparisons (e.g., SPY) must also be defined to generate accurate performance metrics. These parameters will determine the strategy’s risk profile and potential returns over time.

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