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.
Te puede gustar
Ganadores
Últimas noticias cripto
「Buddy」's Ethereum y HYPE Long Position se enfrentan a una pérdida no realizada de más de $110,000
Si Ethereum rompe $3,000, el volumen total de liquidación en corto de CEX convencional alcanzará $794 millones
El proceso de Selección de Presidentes de la Reserva Federal está llegando a su fin, con Hasset emergiendo como la mejor opción.
El flujo de salida de Ethereum se ralentiza, con un flujo de salida neto CEX de 24 horas de 2416,40 ETH
En las últimas 24 horas, el flujo neto de salida de CEX de 5.032,50 BTC
Atención al cliente:@weikecs
Cooperación empresarial:@weikecs
Trading cuantitativo y CM:[email protected]
Servicios VIP:[email protected]