
金色财经|Oct 15, 2025 02:36
[Bitcoin Mining Firm TeraWulf Plans to Issue $3.2 Billion in Bonds to Fund AI Data Center Expansion]
According to a report by Jinse Finance, Bitcoin mining firm TeraWulf Inc. has announced plans to raise $3.2 billion through the issuance of senior secured bonds, marking the largest single debt financing attempt by a publicly traded Bitcoin mining company.
TeraWulf stated on Tuesday that the senior secured bonds, maturing in 2030, will be issued in a private placement under Rule 144A of the Securities Act, targeting qualified institutional investors. The funds raised will be used for the next phase of development of the "Lake Mariner" project, which is being transformed into a hybrid campus integrating Bitcoin mining and artificial intelligence (AI) hosting.
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