TeraWulf Plans $400 Million Fundraising Through Stock Offering

According to Foresight News, Nasdaq-listed Bitcoin mining company TeraWulf has announced plans to raise $400 million through a stock offering, contingent on market conditions and other factors. The company also intends to grant initial purchasers of convertible bonds an option to buy up to an additional $60 million in principal within 13 days of the initial issuance. The funds raised are intended for data center expansion and general corporate purposes. source: https://www.binance.com/en/square/post/28481243243066?utm_source=BinanceNewsRSS