Why Altcoins and Crypto Mining Stocks Were on Fire Today [Yahoo! Finance]
TeraWulf Inc. (WULF)
Company Research
Source: Yahoo! Finance
coins and tokens, plus the securities of companies associated with digital money. Leading altcoin Ethereum (CRYPTO: ETH) was a beneficiary, as it was sailing 5.4% higher in late afternoon trading. While that gain was impressive, it didn't hold a candle to crypto mining equipment specialist Canaan (NASDAQ: CAN) , whose American Depositary Receipts (ADRs) closed the day almost 32% higher. Behind Canaan, miner TeraWulf (NASDAQ: WULF) rose by more than 12%. The Bitcoin Effect Bitcoin (CRYPTO: BTC) is the world's first cryptocurrency, and a decade-and-a-half after its introduction it's still by far the most influential one. When it does well, more often than not other coins and tokens, plus cryptocurrency mining companies, tend to fall in lockstep. Happily for holders of those assets, Bitcoin was quite the standout on Wednesday. After a bit of a slump Tuesday it again leapt the $50,000 mark, settling comfortably at just shy of $52,000 late in the day. The stream of investment into
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WULF
News
- Bitcoin Miners May Shift Focus to AI After Halving, CoinShares Says [Yahoo! Finance]Yahoo! Finance
- Bitcoin miners TeraWulf, Bitdeer snag Buy ratings from Rosenblatt [Seeking Alpha]Seeking Alpha
- TeraWulf Inc. (NASDAQ: WULF) is now covered by analysts at Rosenblatt Securities. They set a "buy" rating and a $4.20 price target on the stock.MarketBeat
- TeraWulf Announces Continued Industry-Leading Cash Production and $30 Million Debt RepaymentGlobeNewswire
- TeraWulf Inc. (NASDAQ: WULF) had its price target lowered by analysts at B. Riley from $4.00 to $3.00. They now have a "buy" rating on the stock.MarketBeat
WULF
Earnings
- 11/13/23 - Miss
WULF
Sec Filings
- 4/17/24 - Form 8-K
- 4/8/24 - Form 8-K
- 4/5/24 - Form DEFA14A
- WULF's page on the SEC website