Terawulf Inc. (NASDAQ:WULF) is considered one of the best bitcoin mining stocks to buy according to Hedge Funds, with a Buy rating from Rosenblatt Securities and a target price of $20. Analyst forecasts point to over 62% upside potential for the stock.

As of December 24, Terawulf Inc. (NASDAQ:WULF) stock has gained nearly 118% in 2025. Consensus estimates suggest a bullish trend will continue, with all 10 analysts giving Buy ratings and an average price target of $21.73, indicating a 76.5% upside potential.

On December 18, Terawulf Inc. (NASDAQ:WULF) announced a financial update, revealing a $1.3 billion senior secured notes issuance by Flash Compute LLC, indirectly owned by Terawulf. The financing aims to support infrastructure operations and revenue diversification.

Terawulf Inc. (NASDAQ:WULF) is a digital asset technology company specializing in bitcoin mining and high-performance computing. The company operates energy-efficient data centers powered by 90% zero-carbon energy for mining operations.

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Read more at Yahoo Finance: Here is Why Analysts are Bullish on Terawulf Inc. (WULF)