Rosenblatt has a stark message for investors in Google-backed stock

Mar 23, 2026 2:55 PM

Wall Street's unanimous "Strong Buy" on TeraWulf is baffling. How can analysts be so confident in a company burning cash, saddled with $5.20 billion in debt, and whose revenue hinges entirely on volatile Bitcoin prices, especially when the lead analyst has a sub-50% success rate? Are they overlooking massive fundamental risks?
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