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TeraWulf Closes Convertible Notes Offering due 2032
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TeraWulf Closes Convertible Notes Offering due 2032
Oct 31, 2025 1:57 PM

04:26 PM EDT, 10/31/2025 (MT Newswires) -- TeraWulf ( WULF ) said late Friday it has closed its $1.025 billion private offering of 0.00% convertible senior notes due 2032 to institutional buyers.

The company said it plans to use the net proceeds to fund part of a data center campus construction in Abernathy, Texas, and for general corporate purposes.

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