PANews January 1 News, according to Cointelegraph, investment bank Keefe, Bruyette & Woods (KBW) has upgraded the rating of Bitcoin miner TeraWulf (WULF) from “In Line with Market Performance” to “Outperform,” and raised the target stock price from $9.5 to $24.
KBW stated that this re-evaluation is based on investors “underestimating the extent of the shift from Bitcoin mining to high-performance computing (HPC) leasing business portfolio in 2026-2027, as well as the strong growth momentum brought by the 646 MW HPC leasing projects by 2027.”
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Michael Saylor: The next phase of the crypto industry will be "digital credit"
Michael Saylor has transformed Strategy into the world's largest corporate Bitcoin holder, owning 762,000 BTC. At the Digital Asset Summit, he introduced the preferred stock product STRC, which offers low volatility and high returns, with an 11.5% yield and approximately 2% volatility. The goal is to attract institutional capital into Bitcoin and address the issue of insufficient allocation to crypto assets.
BlockBeatNews4m ago
Michael Saylor: The next phase of the crypto industry will be "digital credit," with the launch of STRC preferred stock products.
Michael Saylor introduced the concept of "digital credit" at the New York Digital Asset Summit, emphasizing its importance in the crypto industry. He presented the STRC preferred stock product, with an 11.5% yield and 2% volatility, calling it a highly attractive credit instrument. Meanwhile, institutional funds are flowing into Bitcoin through regulated channels, indicating a rising interest in digital assets.
GateNews8m ago
GameStop pledges 4,709 BTC to a CEX in January for a covered call options strategy.
GameStop's filings with the SEC show that in January, the company did not sell any Bitcoin but instead pledged approximately 4,709 BTC to a CEX for a covered call strategy. The company realized an unrealized gain of $2.5 million and currently holds only 1 BTC.
GateNews15m ago
MemeCore Price Volatility Explodes After Hardfork and Perp Listing Surge - BTC Hunts
The post MemeCore Price Volatility Explodes After Hardfork and Perp Listing Surge appeared first on Coinpedia Fintech News
MemeCore price just pulled off one of those blink-and-you-miss-it moves. A brutal 65% intraday surge sent the token flying from $1.70 to $2.80 only to slam straight into a
BTCHUNTS54m ago
