PANews reported on November 1st that, according to Globenewswire, 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 to grant initial purchasers an option to purchase additional notes. Net proceeds after fees are approximately $999.7 million. The new funds will be used for the construction of a data center campus in Abernathy, Texas, and for other corporate purposes.PANews reported on November 1st that, according to Globenewswire, 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 to grant initial purchasers an option to purchase additional notes. Net proceeds after fees are approximately $999.7 million. The new funds will be used for the construction of a data center campus in Abernathy, Texas, and for other corporate purposes.

Bitcoin mining company TeraWulf completes $1.025 billion convertible senior note issuance.

2025/11/01 17:38

PANews reported on November 1st that, according to Globenewswire, 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 to grant initial purchasers an option to purchase additional notes. Net proceeds after fees are approximately $999.7 million. The new funds will be used for the construction of a data center campus in Abernathy, Texas, and for other corporate purposes.

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.