12 Crypto Stocks with the Biggest Upside Potential

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9. TeraWulf Inc. (NASDAQ:WULF)

Analyst Upside: 21.36%

TeraWulf Inc. (NASDAQ:WULF) operates and owns data center infrastructure specifically designed for high-performance computing and Bitcoin mining. It primarily leverages environmentally sustainable and zero-carbon energy sources, such as hydroelectric and nuclear power, to power its Bitcoin mining and other operations.

The company’s unique focus on cost-effective and clean energy is significant, as the Bitcoin mining industry is increasingly aligning with its core strengths of commitment to sustainable energy and operational excellence. Tera Wulf Inc. (NASDAQ:WULF) undertook a major strategic transaction in October by selling its 25% stake in the Nautilus Cryptomine joint venture to Talen Energy. The transaction was valued at $92 million and delivered a 3.4-times return on the company’s investment. It also streamlined its operations, allowing it to focus on expanding its high-performance computing capabilities at Lake Mariner.

The company secured a new long-term ground lease at Lake Mariner, which increased its total acreage by nearly 50%, from 107 to 157 acres without additional cost per acre. In addition, Tera Wulf Inc. (NASDAQ:WULF) now holds exclusive rights to up to 750 megawatts of infrastructure capacity and power, positioning it as a leader in the industry.

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