News list for " debt obligations"

Bitcoin miner TeraWulf announces plans to expand bitcoin mining and artificial intelligence operations

Bitcoin miner TeraWulf has announced that it has fully met its debt obligations and plans to expand its business. On July 9, the company announced that its last debt payment amount was $77.50 million, including prepaid fees and accrued interest. TeraWulf completed the repayment early and currently has no outstanding debt. TeraWulf said the payment provides it with "maximum financial flexibility" to scale and deploy bitcoin mining, high-performance computing (HPC)...

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2024-07-09 23:46:01
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