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Finance

Bitcoin Miner TeraWulf’s Stock Can Rally Almost 160%, Says Analyst

B. Riley initiated the environmentally sustainable miner’s stock with a buy rating and a 12-month price target of $24.

By Aoyon AshrafMar 25, 2022

Graphics processing units (GPUs) used to mine the Ethereum and Zilliqa cryptocurrencies at the Evobits crypto farm in Cluj-Napoca, Romania, on Wednesday, Jan. 22, 2020. The world’s second-most-valuable cryptocurrency, Ethereum, rallied 75% this year, outpacing its larger rival Bitcoin. Photographer: Akos Stiller/Bloomberg
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