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Northland Remains Bullish on TeraWulf (WULF), Cites Attractive Debt Pricing and Improving Financial Conditions
Yahoo Finance· 2025-10-26 08:05
Group 1 - TeraWulf Inc. (NASDAQ:WULF) is recognized as one of the 12 most promising blockchain and crypto mining stocks according to hedge funds [1] - Northland raised its price target on TeraWulf from $15 to $16.25, maintaining an "Outperform" rating, citing attractive debt pricing and improving financial conditions [2] - The company announced a $3.2 billion senior secured notes offering, due in 2030, to fund expansion and enhance liquidity in response to rising demand for AI and digital assets [3] Group 2 - TeraWulf operates Bitcoin mining facilities in New York and Pennsylvania and provides mining hosting services to third parties [4]