took an unusually large public spotlight. While former President Trump even appeared at the Bitcoin 2024 conference, promising to fire Gary Gensler and make America “the Bitcoin superpower,” no such commitments were made from VP Kamala Harris.
Out of a total $2.42 trillion crypto market cap, Bitcoin now holds 58.6% dominance at $1.4 trillion. As many times before, when Bitcoin moves, the entire crypto market follows. But for stock investors, which crypto stocks make sense right now?) stock went up from $8.22 to $8.95 per share. As one of rare Bitcoin mining stocks that hasn’t received triple YTD gains, it still makes sense to consider Bitdeer.Holdings heavily invested in the company.
To that end, TeraWulf has been investing in Nautilus datacenter near the nuclear power plant in Pennsylvania. In early October, the company announced the sale of 25% Nautilus equity to Talen Energy, worth around $92 million. This resulted in 3.4x MOIC for TeraWulf. Although TeraWulf has already received great investor interest throughout the year, investors should consider WULF stock when the next stock market price correction occurs.In Q2 earnings, this NY-based mining company once again reported zero debt, having funded its operations from cash flows and equity financing.
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