Liliya Filakhtova
It has been about four months since I last covered TeraWulf (NASDAQ:WULF) for Seeking Alpha. At the time of that piece, WULF shares had corrected over 50% from a price of about $4 in July down to under $2. Here was one
TeraWulf: The Competition Just Got More Intense
Summary
- Transaction fees from mining skyrocketed in November and December, which equates to more revenue for miners.
- However, even with these fees, TeraWulf's BTC per EH/s fell in Q4.
- Eleven spot Bitcoin ETFs have been approved for US-listing, which could theoretically draw capital from the far more speculative mining stocks.
Former media research analyst. Main coverage areas are crypto, BTC miners, metal, and media equities. I'm not an investment advisor. I just share what I do with my own capital and why. Outside of Seeking Alpha, I also write the Heretic Speculator newsletter over at Substack.
Analyst’s Disclosure:I/we have a beneficial long position in the shares of MARA, CLSK, WULF either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
I'm not an investment advisor.
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