The U.S.-based Bitcoin mining firm TeraWulf is planning to raise $400 million to expand its data center business.
BlockBeats News, August 19th, U.S.-listed Bitcoin mining firm TeraWulf (stock code: WULF) announced plans to raise $400 million through a private placement of convertible senior notes. This financing comes as its AI cloud service customer Fluidstack decided to expand its leasing of 160 megawatts of power capacity at the Lake Mariner campus in New York State.
According to a statement released on Monday, these convertible notes include a $60 million over-allotment option granted to initial buyers, and the proceeds will be used for covered call options trading and the expansion of non-mining data center business. The notes are unsecured senior notes, will bear interest semi-annually starting from March 1, 2026, and will mature on September 1, 2031. Upon shareholder approval, TeraWulf may elect to settle conversions in cash, stock, or a combination thereof. This financing marks TeraWulf's acceleration into the high-performance computing field beyond Bitcoin mining.
Earlier this month, the company entered into two 10-year hosting agreements with AI high-performance computing provider Fluidstack, with Google providing an $1.8 billion leasing guarantee for this and acquiring an 8% stake in TeraWulf.
Das könnte Ihnen auch gefallen
Gewinner
Neueste Krypto-Nachrichten
24-Stunden Spot Funding Flow Leaderboard: BTC Nettozufluss von 473 Mio. $, ETH Nettoabfluss von 33,22 Mio. $
Ein Wal hat einen fast 3-jährigen Winterschlaf beendet und 200 BTC verkauft.
Tether to disclaim EUR® Redemption Service Today
Der US Ethereum Spot ETF verzeichnete an 4 aufeinanderfolgenden Handelstagen Nettozuflüsse, wobei gestern ein Zufluss von 60,8 Millionen US-Dollar verzeichnet wurde.
Analyse: Konzentrieren Sie sich auf die historische Preisgleichgewichtslinie von 99.000 US-Dollar, die nach früheren Bullen/Bären-Umwandlungen nicht übersteigen konnte.
Kundenservice:@weikecs
Geschäftliche Zusammenarbeit:@weikecs
Quant-Trading & MM:[email protected]
VIP-Services:[email protected]