🚀 **TeraWulf's $350M Convertible Note Offering: Zero-Carbon Mining Goes Big!**
- TeraWulf, the eco-friendly Bitcoin mining company, announced a $350M convertible note offering due 2030. 💰
- The funds aim to boost capital structure, enhance stockholder value, and support corporate goals.
- Convertible notes can turn into TeraWulf stock under certain conditions, with interest starting May 2025.
- Proceeds will cover share repurchases, capped call transactions, and general activities.
- TeraWulf's Lake Mariner facility in NY runs on zero-carbon energy, aligning with ESG principles.
- The company eyes expansion and potential partnerships, including a Magnificent Seven company.