TeraWulf (WULF) and Cipher (CIFR) have significant base case upside as bitcoin-to-data-center conver
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TeraWulf (WULF) and Cipher (CIFR) have significant base case upside as bitcoin-to-data-center conver
Why TeraWulf’s latest capital raise matters for investors TeraWulf (WULF) has closed a large public equity offering at US$19.00 per share, raising roughly US$900 million to fund a new Kentucky data center campus, repay debt, and pursue future acquisitions. See our latest analysis for TeraWulf. The equity raise comes after a series of corporate actions in April, including new first quarter revenue guidance of US$30 million to US$35 million and shelf and follow on registrations that give...
Both stocks are developers of AI/HPC data centers, including contracts with hyperscalers like Microsoft (NASDAQ: MSFT) and Fluidstack.
Terawulf Inc (NASDAQ:WULF) is among the best 52-week high US stocks to buy. On April 16, Keefe, Bruyette & Woods reaffirmed its Outperform rating and $23 price target on Terawulf Inc (NASDAQ:WULF) stock. This action followed Terawulf’s equity offering to raise funds for projects and potential acquisitions. The company said it raised around $900 million […]
TeraWulf Inc. (NASDAQ:WULF) is one of the best bitcoin stocks to buy now. Oppenheimer lifted the price target on TeraWulf Inc. (NASDAQ:WULF) to $25 from $20 on April 20, reaffirming an Outperform rating on the shares. The rating update came after the company’s preliminary fiscal Q1 results, with the firm noting that revenue expectations of $30M-$35M […]