11:40 AM EDT, 06/04/2024 (MT Newswires) -- TeraWulf ( WULF ) said Tuesday that it mined 186 bitcoins in May, down from 348 in the previous month.

May production at TeraWulf ( WULF ) includes 144 bitcoins mined at its Lake Mariner facility in New York, down from 259 bitcoins the prior month, and 42 and 76 bitcoins at its Nautilus cryptomine facility in Pennsylvania during May and April, respectively, it said.

The company also said it expects to complete an expansion at Lake Mariner later in June, boosting its total operating capacity over current levels to more than 10.0 exahashes per second once fully operational.

Shares of the company were up 15.1% in recent trading.

Price: 2.36, Change: +0.31, Percent Change: +15.12