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Stock impact report

A Look At TeraWulf (WULF) Valuation After Its US$900m Equity Raise For Data Center Expansion [Yahoo! Finance]

TeraWulf Inc. (WULF) 
Company Research Source: Yahoo! Finance
Why TeraWulf's latest capital raise matters for investors TeraWulf (WULF) has closed a large public equity offering at US$19.00 per share, raising roughly US$900 million to fund a new Kentucky data center campus, repay debt, and pursue future acquisitions. See our latest analysis for TeraWulf. The equity raise comes after a series of corporate actions in April, including new first quarter revenue guidance of US$30 million to US$35 million and shelf and follow on registrations that give TeraWulf room to tap capital markets again if needed. Against that backdrop, the share price has climbed to US$20.37 with a 30 day share price return of 25.6% and a very large 3 year total shareholder return, suggesting momentum has been building rather than fading. If this kind of high growth story has your attention, it may be useful to scan for other cryptocurrency and blockchain names that stand out on fundamentals using the 23 cryptocurrency and blockchain stocks With TeraWulf's shares n Show less Read more
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