TeraWulf Announces Early Debt Payoff
TeraWulf (WULF) Newsfilter·2024-07-09 12:00
The final payment, totaling $77.5 million, which includes pre-payment fees and accrued interest, underscores TeraWulf's commitment to financial prudence and resiliency. After paying off the term loan, the Company has no outstanding debt and has thereby maximized financial flexibility to scale and deploy its valuable and lowcost energy infrastructure for bitcoin mining and high-performance computing (HPC)/AI applications. "Achieving a debt-free capital structure strategically positions us to promptly capital ...