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Added to YB: 2024-08-06

Pitch date: 2024-08-05

WULF [bearish]

TeraWulf Inc.

-255.66%

current return

Author Info

Hunterbrook Media publishes investigative and global reporting with no ads or paywalls. Their mission is to bring visibility to under-covered regions and accountability to under-scrutinized sectors. Sign up for the newsletter.

Company Info

TeraWulf Inc., together with its subsidiaries, owns, develops, operates digital infrastructure in the United States.

Market Cap

$6.9B

Pitch Price

$3.85

Price Target

N/A

Dividend

N/A

EV/EBITDA

-110.68

P/E

-9.75

EV/Sales

52.29

Sector

Software

Category

special_situation

Show full summary:
Coal, Crypto, and False Branding: Inside TeraWulf’s Greenwashing Machine

WULF: Claims 93% zero-carbon energy at Lake Mariner facility, but NYPA & grid data contradict. No RECs purchased. CEO's related companies receive large payments. Pivoting to AI data centers, but 7+ year payback. Stock up 2x in 6mo on green claims & AI potential. Risks: greenwashing, self-dealing, AI pivot uncertain.

Read full article (16 min)