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Bernstein Sees 100% Upside In TeraWulf Stock After Q2 HPC Revenue Hits $32M

Analyst·2 articles across 2 outlets

Story updated Rewritten when the story materially grows; the wire is checked every 15 minutesAbout this data

Bernstein has reaffirmed its Outperform rating for TeraWulf after the company's Q2 high-performance computing (HPC) revenue reached $32 million, accounting for 71% of its total revenue for the quarter.

The firm sees a potential 100% upside in TeraWulf's stock, with the Muskie Campus identified as the next growth site for the company.

TeraWulf

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