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.