10 Firms Post Impressive Gains on Tuesday

5. Terawulf Inc. (WULF)

Shares of Terawulf (WULF) on Tuesday grew by 7.12 percent to close at $5.57 apiece after a brokerage firm reaffirmed its positive stance in the company, maintaining a “buy” rating and a price target of $10 each.

Rosenblatt Securities said the positive outlook was in line with Terawulf’s significant progress in its December 2024 production update, noting the company’s self-mining of 158 Bitcoin which contributed to an annual total of 2,728 Bitcoin.

The company’s stock price also traded higher in line with rising Bitcoin prices, which as of intra-day trading touched the $97,000 level.

Another analyst also highlighted the company’s remarkable growth, with revenues surging 131 percent in the last twelve months, projecting continued sales growth this year.