We came across a bullish thesis on TeraWulf Inc. on Investing With Purpose’s Substack. In this article, we will summarize the bulls’ thesis on WULF. TeraWulf Inc.'s share was trading at $11.35 as of September 17th. WULF’s forward P/E was 29.76 according to Yahoo Finance.
WULF represents a tangible pivot from cryptocurrency mining to becoming a specialized AI infrastructure landlord, leveraging its power-rich industrial campuses in upstate New York. These sites, originally built for bitcoin mining, offer precisely what AI workloads demand: abundant, low-cost electricity,...
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