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Added to YB: 2024-06-20

Pitch date: 2024-06-19

WULF [neutral]

TeraWulf Inc.

+234.85%

current return

Author Info

Pernas Research is a former CIO of a $3.5B fund that now share actionable stock research. Sign up for the newsletter.

Company Info

TeraWulf Inc., together with its subsidiaries, operates as a digital asset technology company in the United States.

Market Cap

$6.8B

Pitch Price

$4.62

Price Target

N/A

Dividend

N/A

EV/EBITDA

-227.59

P/E

-11.21

EV/Sales

42.70

Sector

Software

Category

N/A

Show full summary:
Pernas Research Passes On: TeraWulf Inc.

WULF: Crypto miner, $1.5B mkt cap, looked promising for AI compute post CORZ $3.5B deal but lacks key requirements. WULF has power curtailment agreements (AI needs guaranteed power) & likely insufficient fiber for high data bandwidth. Pass for now, still seeking crypto miner positioned for AI compute demand.

Read full article (1 min)