Streetbeat News

WULF

TeraWulf Inc.

https://www.terawulf.com

Industry

Financial - Capital Markets

TeraWulf Inc., together with its subsidiaries, operates as a digital asset technology company in the United States. It develops, owns, and operates bitcoin mining facility sites. The company operates two bitcoin mining facility sites located in New York and Pennsylvania. TeraWulf Inc. is based in Easton, Maryland.

Open

7.10

Mkt cap

2.8B

Volume

23M

High

7.25

P/E Ratio

-42.24

52-wk high

9.30

Low

6.74

Div yield

N/A

52-wk low

1.01

Crypto-linked companies' shares are rising as Bitcoin's price increases, driven by traders evaluating potential rate cuts.

Portfolio Pulse from Benzinga Newsdesk

September 17, 2024 | 4:56 pm

Crypto-linked companies' shares are declining due to a drop in Bitcoin prices, possibly influenced by the ABC 2024 Presidential Debate.

Portfolio Pulse from Benzinga Newsdesk

September 11, 2024 | 2:58 pm

Shares of crypto companies are experiencing an uptick as Bitcoin prices rise.

Portfolio Pulse from Benzinga Newsdesk

September 09, 2024 | 4:18 pm

Shares of crypto companies are trading lower as Bitcoin's price declines, potentially influenced by mixed economic data affecting rate cut expectations.

Portfolio Pulse from Benzinga Newsdesk

September 06, 2024 | 4:53 pm

The article highlights significant options activity in the Information Technology sector, with notable trades involving companies like NVDA, AAPL, MSFT, and others. These trades, identified by Benzinga's options activity scanner, indicate potential bullish or bearish sentiments based on the type of options and their trading volumes.

Portfolio Pulse from Benzinga Insights

September 05, 2024 | 5:35 pm

Needham analyst John Todaro initiated coverage on TeraWulf Inc (NASDAQ:WULF) with a Buy rating and a $6 price target, highlighting its early entry into the high-margin HPC market. TeraWulf is expected to generate $610M in revenue by 2026, with $350M from HPC.

Portfolio Pulse from Anusuya Lahiri

September 04, 2024 | 6:05 pm

TeraWulf reported mining 184 Bitcoin in August 2024, with an average production rate of 5.9 Bitcoin per day. The average cost per Bitcoin mined was $35,407, with an electricity cost of $0.044/kWh.

Portfolio Pulse from Benzinga Newsdesk

September 04, 2024 | 12:38 pm

Needham analyst John Todaro has initiated coverage on TeraWulf (NASDAQ:WULF) with a Buy rating and set a price target of $6.

Portfolio Pulse from Benzinga Newsdesk

September 04, 2024 | 10:11 am

Analysts have varied ratings for TeraWulf (NASDAQ:WULF), with most being bullish. The average 12-month price target has increased to $7.33. TeraWulf, a digital asset technology company, focuses on sustainable bitcoin mining. It has shown significant revenue growth and maintains a strong financial position.

Portfolio Pulse from Benzinga Insights

September 03, 2024 | 5:01 pm

Cantor Fitzgerald analyst Brett Knoblauch has reiterated an Overweight rating on TeraWulf (NASDAQ:WULF) and maintained a $10 price target.

Portfolio Pulse from Benzinga Newsdesk

September 03, 2024 | 4:38 pm

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