Forget altcoins. These stocks are the best way to play the crypto space in the second half, Wolfe says
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jul 07 2025
0mins
Source: CNBC
Current Market Sentiment: Wolfe Research indicates that despite new all-time highs for Bitcoin, the anticipated "altcoin season" has not materialized, with many altcoins experiencing significant declines this year. Investors are advised to focus on Bitcoin until altcoins show signs of recovery.
Performance of Crypto Stocks: Crypto-related stocks have outperformed Bitcoin since April, with the Bitwise Crypto Industry Innovators ETF rising 76%. Analysts suggest that investing in crypto stocks remains a favorable strategy as they continue to show strength compared to struggling altcoins.
Analyst Views on WULF
Wall Street analysts forecast WULF stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for WULF is 21.93 USD with a low forecast of 17.00 USD and a high forecast of 26.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
11 Analyst Rating
11 Buy
0 Hold
0 Sell
Strong Buy
Current: 12.890
Low
17.00
Averages
21.93
High
26.00
Current: 12.890
Low
17.00
Averages
21.93
High
26.00
About WULF
TeraWulf Inc. is a vertically integrated owner and operator of digital infrastructure. The Company develops and operates data centers for bitcoin mining and high-performance computing (HPC) workloads. The Company facilitates transaction validation of transactions on the global bitcoin network using its fleet of application-specific integrated circuit miners. Its segments include Digital Asset Mining and HPC Leasing. The Digital Asset Mining segment provides hash computation services to a mining pool operator. The HPC Leasing segment provides high-density colocation services to third parties for HPC operations. The Company's primary operations are centered at the Lake Mariner Campus, located on the shores of Lake Ontario. Lake Mariner campus is designed for scalable growth, with the capacity to expand up to 500 megawatts (MW) and 750 MW with certain transmission upgrades. It also specializes in development and operation of power generation assets and related electrical infrastructure.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
