Reported Earlier, Hunterbrook Posted On X "BREAKING: After Hunterbrook investigation, $WULF began removing references to it being a "zero-carbon Bitcoin miner" across its website, social media profiles, and SEC filings."
Portfolio Pulse from Benzinga Newsdesk
Hunterbrook reported that WULF has started removing references to being a 'zero-carbon Bitcoin miner' from its website, social media, and SEC filings following an investigation.
October 11, 2024 | 4:05 pm
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NEGATIVE IMPACT
WULF is removing claims of being a 'zero-carbon Bitcoin miner' from its platforms after an investigation by Hunterbrook. This could impact investor perception and regulatory scrutiny.
The removal of 'zero-carbon' claims suggests potential issues with WULF's environmental impact claims, which could lead to negative investor sentiment and increased regulatory scrutiny. This is likely to affect the stock price negatively in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100