Bitcoin mining company TeraWulf to raise an additional $500 million through the issuance of convertible senior notes

Jinse Finance reported that Nasdaq-listed bitcoin mining company TeraWulf announced it will raise an additional $500 million through the issuance of convertible senior notes, and has also granted initial purchasers an option to buy up to $75 million in convertible bonds. The new funds will be used for data center construction and general corporate purposes.