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Bitcoin mining company TeraWulf to raise additional $500 million through issuance of convertible preferred notes

Summary: According to reports, NASDAQ-listed Bitcoin mining company TeraWulf announced plans to raise an additional $500 million through the issuance of convertible preferred notes. The company also intends to offer initial purchasers the option to buy up to $75 million in convertible bonds. The new funds will be used for building data centers and general corporate ...

According to reports, NASDAQ-listed Bitcoin mining company TeraWulf announced plans to raise an additional $500 million through the issuance of convertible preferred notes. The company also intends to offer initial purchasers the option to buy up to $75 million in convertible bonds. The new funds will be used for building data centers and general corporate purposes.

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