🚀 **Crypto News Flash: TeraWulf's £350M Convertible Notes Offering!**

- Maryland-based Bitcoin mining firm TeraWulf is set to offer £350 million in convertible senior notes due 2030 to qualified institutional buyers.

- An additional £75 million may be included if initial purchasers exercise their option within 13 days post-issuance.

- Proceeds will fund capped call transactions, share repurchases, and general corporate purposes.

- Notes accrue interest semi-annually from May 2025, maturing in Feb 2030, and are convertible into cash or a mix of cash and common stock.

- Hedging activities could impact stock prices during the offering period.

💬 What do you think about TeraWulf's strategy? Share your thoughts below!