TeraWulf Inc. (WULF), a cryptocurrency mining company, on Tuesday said its subsidiary WULF Compute LLC plans to offer $3.2 billion of senior secured notes due 2030 in a private offering.
WULF Compute intends to use the proceeds from the offering to finance a portion of its data center expansion at the Lake Mariner campus in Barker, New York.
Morgan Stanley is acting as the sole bookrunner for the offering.
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Business News
June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.