Jim Cramer Shares His Take on TeraWulf

TeraWulf Inc. (NASDAQ:WULF) is one of the stocks that Jim Cramer spoke about. During the lightning round, a caller asked for Cramer’s thoughts on the company, and he remarked:

“Well, again, I mean, I like the real, I’m a real deal guy. I got, I like the Bitcoin. I can, you know, I wish I could feel it. I like gold even more, but that’s a whole ‘nother kettle of gold.”

Jim Cramer Shares His Take on TeraWulf

Photo by Executium on Unsplash

TeraWulf (NASDAQ:WULF) is a digital asset technology company that develops and operates bitcoin mining facilities and offers hosting services for third-party miners. When announcing its Q1 2025 results, Chief Executive Officer Paul Prager reiterated that the company is aiming to secure additional HPC customers with the goal of reaching between 200 and 250 megawatts of contracted HPC capacity by the end of 2026. The company reported that it remains on schedule to complete the deployment of its Core42 project within the year and has started the financing process required to move into the next stage of its HPC development.

While we acknowledge the risk and potential of WULF as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than WULF and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.