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Terawulf Inc. Raises Approximately $200 Million To Strengthen Capital Structure In Advance Of Public Listing

Terawulf Inc. Raises Approximately $200 Million To Strengthen Capital Structure In Advance Of Public Listing

12/02/21, 4:40 PM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svgeaston
Money raised
$200 million
TeraWulf Inc. ("TeraWulf"), which was formed to own and operate fully integrated environmentally clean bitcoin mining facilities in the United States, today announced that it has raised approximately $200 million in debt and equity financing from a group of leading institutional and individual investors. TeraWulf noted that the additional capital raised is expected to enable it to achieve 6 exahash per second, or 200 megawatts, of mining capacity by the second half of 2022.

Company Info

Company
Tera Wulf
Location
easton, pennsylvania, united states
Additional Info
TeraWulf was formed to own and operate fully integrated environmentally clean bitcoin mining facilities in the United States. TeraWulf will generate domestically produced bitcoin powered by nuclear, hydro and solar energy. For more information on TeraWulf, please visit www.TeraWulf.com or follow @TeraWulfInc on Twitter.