Exchanges· ★★· bullish·

TD Cowen initiates TeraWulf with Buy rating

  • —TD Cowen initiated TeraWulf coverage with a Buy rating
  • —The call bets on booming AI compute demand
  • —Analyst Michael Elias outlined three supporting points
Why it matters: The Wall Street rating reinforces the trend of bitcoin miners pivoting to AI data centers, which affects network hashrate supply.
#BTC
Source: Seeking Alpha Crypto
More on this
Exchanges · Sep 22
Benchmark initiates Securitize coverage with Buy rating and $16 target
 Exchanges · Sep 21
Rothschild Redburn initiates TeraWulf at Neutral with $15 price target
 Exchanges · Sep 30
TD Cowen: Institutions Shift From Owning Bitcoin to Building Around It