Jim Cramer Says "I Want You to Sell Terawulf"

TeraWulf Inc. (NASDAQ:WULF) is one of the stocks Jim Cramer recently provided insights on. Responding to a caller about WULF, Cramer commented:

“Yeah, well, this isn’t, no look, if you want to have Bitcoin, the amazing thing about Bitcoin is you buy Bitcoin. I want you to sell Terawulf. Now, look, the shorts could rub it in my face, and there’s a big short position, 31%, and it could go up. But I don’t have any convictions, so I can’t tell you to buy it.”

TeraWulf Inc. (NASDAQ:WULF) operates as a digital asset technology company that focuses on developing and managing bitcoin mining facilities. During the September 12 episode, a caller inquired about the stock and Cramer replied:

“No, no. Terawulf is just kaput. We want to go elsewhere. We do not have to mess with that low quality. We like high quality, high quality only on Mad Money.”

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Disclosure: None. This article is originally published at Insider Monkey.