11-01 11:07 Saturday
Bitcoin mining company TeraWulf completes $1.025 billion convertible senior note issuance.
According to Bijie.com, Nasdaq-listed Bitcoin mining company TeraWulf announced the completion of a $1.025 billion convertible senior note offering, exceeding the previously announced $900 million private placement. This includes $125 million in notes issued under an additional note purchase option granted to initial purchasers. Net proceeds after fees are close to $1 billion. The new funds will be used for the construction of a data center campus in Abernathy, Texas, and other corporate purposes.
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