Morgan Stanley-backed crypto stock gets 86% upside rating

Analysts are bullish on TeraWulf, yet the company has already reported its full-year financial results for 2025, including $3.7 billion in cash and a drop in Q4 2025 Bitcoin revenue. How can a company report full-year results for a year that hasn't even happened yet? Is this unprecedented foresight or a glaring red flag for investors?
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