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TeraWulf Repays Over $30 Million of Term Loan Debt; Shares Drop
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TeraWulf Repays Over $30 Million of Term Loan Debt; Shares Drop
Apr 8, 2024 10:20 AM

01:08 PM EDT, 04/08/2024 (MT Newswires) -- TeraWulf ( WULF ) , a Bitcoin mining facility operator, said Monday that it has paid back an additional $30.1 million of its term loan, which reduced the debt balance to $75.9 million.

"This $30 million payment follows our repayment of approximately $40 million over the past six months," Chief Financial Officer Patrick Fleury said in a release. "And there is more to come."

Shares of TeraWulf ( WULF ) were down more than 4% in recent trading.

Price: 2.26, Change: -0.09, Percent Change: -4.04

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