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TechFlow news, October 29 — Mining and data center company TeraWulf Inc. (Nasdaq: WULF) announced its plan to offer $500 million in convertible senior notes due 2032 in a private placement, with an option granted to the initial purchasers to purchase up to an additional $75 million within 13 days. The company intends to use the proceeds for constructing a data center campus in Abernathy, Texas, and for general corporate purposes.
TeraWulf Inc. (Nasdaq: WULF), a mining and data center company, announced its plan to offer $500 million in convertible senior notes due 2032 in a private placement, with an option for the initial purchasers to purchase up to an additional $75 million within 13 days. The company stated it intends to use the proceeds to fund the development of a data center campus in Abernathy, Texas, and for general corporate purposes.
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