sustainable mining stock pivots to AI/HPC By Investing.com
TeraWulf Inc. (NASDAQ:WULF), a company initially focused on environmentally sustainable cryptocurrency mining, is making significant strides in its transition towards Artificial Intelligence and High-Performance Computing (AI/HPC) operations. According to InvestingPro data, the company has demonstrated remarkable growth with revenue surging 131.22% over the last twelve months, while maintaining a strong gross profit margin of 59.55%. This strategic pivot, coupled with the company’s commitment to zero-carbon energy use, has caught the attention of analysts and investors alike, prompting a closer examination of TeraWulf’s potential in the evolving tech landscape.
Company Overview and Recent Developments
TeraWulf has positioned itself as a…
