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Benzinga
Benzinga
Business
Anusuya Lahiri

TeraWulf Launches $400 Million Convertible Notes Offering To Fund Data Center Expansion

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TeraWulf (NASDAQ:WULF), an operator of vertically integrated, predominantly zero-carbon digital infrastructure, launched a private offering of $400 million aggregate principal amount of convertible senior notes due 2031.

The company may also grant initial purchasers a 13-day option to buy up to an additional $60 million of notes.

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