NasdaqCM:WULFSoftware
What TeraWulf (WULF)'s US$900 Million Equity Raise Means For Shareholders
TeraWulf Inc. has recently closed an upsized public offering of 54,510,000 common shares at US$19.00 each, raising roughly US$900.6 million to help fund its planned Hawesville, Kentucky data center campus, repay a bridge credit facility, and support future site acquisitions and general corporate uses.
This capital raise, executed under an omnibus shelf registration and backed by a syndicate led by Morgan Stanley, signals a move to scale TeraWulf’s digital infrastructure footprint while...