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[Bitcoin Mining Company TeraWulf Completes $1.025 Billion Convertible Senior Notes Offering] November 1 news, according to Globenewswire, Nasdaq-listed Bitcoin mining company TeraWulf announced that it has completed a $1.025 billion convertible senior notes offering, exceeding the previously announced $900 million private placement scale. This includes $125 million in notes issued under the option granted to initial purchasers to buy additional notes. After deducting expenses, the net proceeds amount to approximately $999.7 million. The new funds will be used for the construction of the data center campus in Abernathy, Texas, and other corporate purposes.

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