Bitcoin mining company TeraWulf completes $1.025 billion convertible senior note issuance.

Odaily Planet Daily reports that Nasdaq-listed Bitcoin mining company TeraWulf has announced the completion of a $1.025 billion convertible senior note offering, an increase from its previously planned $900 million private placement. This includes an additional $125 million in notes issued due to the exercise of additional purchase options by initial purchasers. After deducting related expenses, the company raised approximately $999.7 million in net proceeds, which will be used for the construction of its Abernathy, Texas data center campus and other corporate operations. (Globenewswire)