On Monday, Dec. 12, 2022, the Maryland-based bitcoin mining company Terawulf announced that the firm has raised $10 million in capital to pay down debts. The firm also said that it restructured a deal with Bitmain which will enable the company’s self-mining capacity to expand and fully leverage the 160 megawatts of Terawulf’s available mining capacity.
Terawulf Raises $10 Million in New Capital, Restructured Bitmain Deal Will Give the Firm 8,200 ASIC Mining Rigs
Bitcoin miners have been struggling this year as the price of bitcoin (BTC) has reduced profits for every mining participant worldwide. On Dec. 12, the publicly-listed Terawulf Inc., (Nasdaq: WULF) revealed the company has managed to raise $10 million in capital to repay debts.
“The company intends to use the aggregate net proceeds to repay the advance with Yorkville and simultaneously issue a notice to Yorkville to terminate the accompanying SEPA entered into on June 2, 2022, and for other general corporate purposes,”
We współpracy z: https://news.bitcoin.com/bitcoin-miner-terawulf-raises-10m-in-fresh-capital-to-pay-down-debt-restructures-deal-with-bitmain/
