TeraWulf Inc ( (WULF) ) is experiencing volatility. Read on for a possible explanation for the stock’s unusual movement.
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TeraWulf Inc.’s stock has recently seen a dip due to falling Bitcoin prices and corrections in tech stocks. Despite this decline, analysts remain bullish, driven by strategic long-term lease agreements with Core42 and the potential for significant expansion in hosting capacity by late 2025. The company’s move into AI-driven computing and sustainable data center operations further supports a positive outlook, with projected revenues of $124 million and $362 million for 2025 and 2026. This price drop is viewed as a buying opportunity for long-term investors.
More about TeraWulf Inc
YTD Price Performance: -1.10%
Average Trading Volume: 28,242,961
Technical Sentiment Consensus Rating: Hold
Current Market Cap: $2.08B
For further insights into WULF stock on TipRanks’ Stock Analysis page.
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