🚀 TeraWulf's $350M Convertible Notes: Powering Up for the Future! 🌱
TeraWulf, the zero-carbon Bitcoin mining champ, is rolling out a $350M convertible senior notes offering, maturing in 2030. The aim? Boost capital, enhance stockholder value, and support corporate goals.
- **Convertible Notes**: Investors can convert debt into TeraWulf stock.
- **Interest**: Starts May 2025, payable semi-annually.
- **Use of Funds**: Minimize stock dilution, share repurchases, and general corporate activities.
With the Lake Mariner facility in NY and new WULF Den, TeraWulf is charging ahead! 💪
What do you think of TeraWulf's green mining strategy? Drop your thoughts below! 👇