TeraWulf Inc. (NASDAQ:WULF) is included in our list of the 12 most promising blockchain and crypto mining stocks according to hedge funds.
On October 17, Northland raised its price target on TeraWulf Inc. from $15 to $16.25, maintaining an “Outperform” rating. The investment firm sees the 7.750% pricing of the company’s $3.2 billion notes offering as “very attractive.” It is considered that the pricing provides evidence of improving conditions for the company.
A few days earlier, on October 14, 2025, TeraWulf Inc. had announced that Wulf Compute LLC, the company’s subsidiary, would issue $3.2 billion in senior secured notes. These notes, due in 2030, will be utilized to fund expansion and boost liquidity amid rising demand for AI and digital assets.
TeraWulf Inc., a digital asset technology company in the U.S., develops and runs Bitcoin mining facilities in New York and Pennsylvania. It also provides mining hosting services to third parties.
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