News
26 August 2025

TeraWulf closes on $1 billion convertible offering

In:
Telecoms and Communications
Region:
Americas

North American data centre operator TeraWulf has closed a $1 billion convertible note private placement to support an expansion to its fleet. The NASDAQ-listed operator received $975.2 billion in proceeds from the offering, net of discounts, commissions and transaction costs. Of those proceeds,...

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