[Bitcoin miner TeraWulf announces plans to expand Bitcoin mining and artificial intelligence operations] Golden Finance reported that Bitcoin miner TeraWulf announced that it has fully fulfilled its debt obligations and plans to expand its business. On July 9, the company announced that its last debt repayment amounted to US$77.5 million, including prepaid expenses and accrued interest. TeraWulf completed the repayment ahead of schedule and currently has no outstanding debt. TeraWulf said the payment provides it with "maximum financial flexibility" to enable it to expand and deploy infrastructure for Bitcoin mining, high-performance computing (HPC) and artificial intelligence applications. TeraWulf Chief Financial Officer Patrick Fleury said profitability and strong cash generation “allowed the company to complete the repayment.” He said the company’s lack of debt will enable it to use future profits for organic growth, potential dividends and stock buybacks. CEO Paul Prager said TeraWulf is continuing to identify and create applications, noting that the company has hundreds of megawatts (MW) of infrastructure at its disposal immediately. TeraWulf plans to expand its operating infrastructure capacity from 210 MW to 295 MW by 2024, and may increase its capacity by another 300 MW in the near future.