TechFlow, August 19 — Bitcoin mining company TeraWulf (Nasdaq: WULF) today announced the expansion and pricing of its proposed convertible senior notes offering from the previously announced $400 million to $850 million. The notes will mature in 2031, carry a coupon rate of 1.00%, and have an initial conversion price of $12.43 per share, representing a 32.50% premium to the current stock price.
Earlier, TeraWulf announced plans to issue $400 million in convertible bonds for data center expansion.




