Bitcoin Miner TeraWulf Aims to Raise $575 Million to Fund Google-Backed AI Ambitions
Nasdaq-listed Bitcoin miner TeraWulf is aiming to raise 500 million of convertible notes with plans to raise another $75 million in debt after the first offering. Convertible notes are a form of debt that can be converted into a company's stock or cash by an investor. TeraWulf on Tuesday said it was expanding its partnership with AI compute company Fluidstack ...