TeraWulf upsized its $900 million convertible notes offering on October 30 to fund the Abernathy, Texas data center campus blending mining and Al.

The zero-coupon notes due 2032 support 500 MW expansion, pivoting from BTC-only to HPC amid $40,000 production costs.

Shares fell 5% post-announcement, reflecting debt concerns despite $15 billion 2025 revenue projections... #Shahin_7x #Binance