Data Centers
Search documents
拟发行32亿美元债券扩建数据中心 TeraWulf(WULF.US)涨近9%
Zhi Tong Cai Jing· 2025-10-14 15:48
Core Viewpoint - TeraWulf announced plans to issue $3.2 billion senior secured notes due in 2030, with net proceeds allocated for the expansion of its Lake Mariner data center in New York [1] Group 1: Company Performance - TeraWulf's stock rose nearly 9% on Tuesday and has increased by 169% year-to-date, currently trading at $15.21 [1] Group 2: Financial Strategy - The issuance of the senior secured notes is part of TeraWulf's development plan for expanding its sustainable digital infrastructure [1]
美股异动 | 拟发行32亿美元债券扩建数据中心 TeraWulf(WULF.US)涨近9%
智通财经网· 2025-10-14 15:48
Core Viewpoint - TeraWulf's stock has seen a significant increase, rising nearly 9% on Tuesday and accumulating a 169% gain year-to-date, currently priced at $15.21 [1] Group 1: Company Developments - TeraWulf announced that its subsidiary plans to issue $3.2 billion in senior secured bonds maturing in 2030 [1] - The net proceeds from the bond issuance will be used for the expansion of the data center at the Lake Mariner site in New York [1] - TeraWulf operates as a vertically integrated owner and operator of sustainable digital infrastructure [1]
General Purpose Acquisition(GPACU) - Prospectus
2025-10-14 15:01
TABLE OF CONTENTS As filed with the U.S. Securities and Exchange Commission on October 14, 2025 Registration No. 333- UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 (State or other jurisdiction of incorporation or organization) (Primary Standard Industrial Classification Code Number) (I.R.S. Employer Identification Number) 59 Front Street Millbrook, NY 12545 Tel.: (646) 387-7129 FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 General Purpose Acquisition Corp. (Exact ...
Bitfarms Ltd. (BITF) Hits New High on Bullish Rating, PT
Yahoo Finance· 2025-10-14 13:09
Core Viewpoint - Bitfarms Ltd. (NASDAQ:BITF) has experienced significant stock performance, reaching an all-time high following a price target upgrade and positive rating from Northland [1][2]. Group 1: Stock Performance - Bitfarms extended its winning streak to eight consecutive days, climbing to a new all-time high [1]. - The stock surged to a peak price of $5.42 during the intra-day session, ultimately closing at $5.39, reflecting a 28.33% increase [2]. Group 2: Investment and Expansion - Northland upgraded Bitfarms' rating to "outperform" and raised the price target to $7, more than double the previous target of $3.25, following the company's conversion of a $300 million debt facility for data center development [2]. - The loan from Macquarie Group supports Bitfarms' expansion into AI servicing, with an additional $50 million drawn from the facility for civil works and construction of a substation [3]. - CEO Ben Gagnon emphasized that converting the facility to project level allows for accelerated construction timelines and increased flexibility to meet the demand for HPC/AI infrastructure in Pennsylvania [4].
TeraWulf proposes $3.2 billion senior secured notes offering
Yahoo Finance· 2025-10-14 12:51
Core Points - TeraWulf announced plans to offer $3.2 billion in senior secured notes due 2030 through its subsidiary WULF Compute LLC [1] - The proceeds from the offering will be used to fund the expansion of the Lake Mariner campus in Barker, New York, aimed at enhancing high-density computing capacity [2] - The notes will be guaranteed by WULF Compute's subsidiaries and secured by first-priority liens on substantially all assets of WULF Compute and the Guarantors [2] - Morgan Stanley is acting as the sole bookrunner for the offering, which is subject to market conditions [3] - In August, TeraWulf increased a convertible notes offering to $850 million following a lease agreement with Fluidstack and Google [3] - At the time of publication, TeraWulf's stock was down 1.2% in pre-market hours [4]
TeraWulf Inc. Announces Proposed Offering of $3.2 Billion of Senior Secured Notes
Globenewswire· 2025-10-14 11:50
Core Viewpoint - TeraWulf Inc. plans to offer $3.2 billion in senior secured notes to finance the expansion of its data center at the Lake Mariner campus in New York, with the offering subject to market conditions [1][2]. Group 1: Offering Details - WULF Compute LLC intends to offer $3.2 billion aggregate principal amount of senior secured notes due 2030 in a private offering [1]. - The notes will be fully guaranteed by WULF Compute's subsidiaries and secured by first-priority liens on substantially all assets of WULF Compute and the Guarantors [3]. - The offering is being managed by Morgan Stanley as the Sole Bookrunner [4]. Group 2: Use of Proceeds - The net proceeds from the offering will be used to finance a portion of the data center expansion at the Lake Mariner campus [2]. - TeraWulf will provide customary completion guarantees to ensure the timely completion of the data center buildings [4]. Group 3: Regulatory and Legal Considerations - The notes have not been registered under the Securities Act and will only be offered to qualified institutional buyers under Rule 144A [5]. - The press release does not constitute an offer to sell or a solicitation of an offer to buy the notes [6]. Group 4: Company Overview - TeraWulf develops and operates environmentally sustainable, industrial-scale data center infrastructure in the U.S., focusing on high-performance computing [7]. - The company is led by a team of experienced energy infrastructure entrepreneurs and aims to lead the market in large-scale digital infrastructure [7].
Bitfarms Announces the Retirement of Jeff Lucas, Chief Financial Officer, and the Appointment of Jonathan Mir as Successor
Globenewswire· 2025-10-14 11:00
Core Viewpoint - Bitfarms Ltd. has appointed Jonathan Mir as Chief Financial Officer, effective October 27, 2025, to support the company's transition to a North American HPC/AI infrastructure company [2][3][4] Company Overview - Bitfarms is a North American energy and digital infrastructure company focused on building and operating data centers and energy infrastructure for high-performance computing and Bitcoin mining [5][6] - The company has a 1.3 GW energy pipeline, with over 80% of its projects based in the U.S., strategically located in areas with strong access to power and fiber infrastructure [5] Leadership Transition - Jonathan Mir brings over 25 years of capital markets experience in energy infrastructure, having previously worked at Lazard Inc. and Bank of America [3][4] - The current CFO, Jeff Lucas, will retire but will remain as a strategic financial advisor until Q1 2026 to ensure a smooth transition [2][4] - CEO Ben Gagnon expressed gratitude for Jeff Lucas's contributions during his tenure, highlighting the company's transformation from an international Bitcoin miner to a U.S.-focused energy and digital infrastructure company [4] Financial Position - Bitfarms currently holds approximately US$330 million in cash and Bitcoin, with an additional US$250 million available for financing its flagship Panther Creek Campus [4] - The company has successfully raised and deployed hundreds of millions of dollars and completed multiple acquisitions, including a significant public M&A deal [4]
Hyperscale Data Progresses Toward 100% Bitcoin Pairing as Digital Asset Treasury Climbs to $54 Million
Prnewswire· 2025-10-14 10:00
Core Insights - Hyperscale Data's Bitcoin treasury amounts to approximately $54 million, representing about 59% of its market capitalization as of October 13, 2025 [1] - The company aims to accumulate Bitcoin equal to 100% of its market capitalization as part of a broader $100 million digital asset treasury strategy [1] Bitcoin Holdings - The subsidiary Sentinum, Inc. holds approximately 130.7807 Bitcoin, valued at around $15.1 million based on the Bitcoin price of $115,170 on October 12, 2025 [2] - Sentinum's Bitcoin holdings consist of 29.0739 Bitcoin from mining operations and 101.7068 Bitcoin acquired from the open market, including 36.7950 Bitcoin purchased in the week ending October 12, 2025 [2] Investment Strategy - Hyperscale Data has allocated $38.9 million in cash for Sentinum to invest in open-market Bitcoin purchases, employing a disciplined dollar-cost averaging strategy to mitigate short-term market volatility [3][4] - The company targets investing at least 5% of allocated cash weekly, with actual amounts varying based on market conditions [4] Growth and Reporting - Both open-market purchases and self-mined Bitcoin contribute to the growth of the digital asset treasury position [5] - Hyperscale Data will issue weekly reports detailing its Bitcoin holdings as it progresses towards its $100 million digital asset treasury target [5] Future Plans - The company expects to divest Ault Capital Group, Inc. in the second quarter of 2026, focusing on data center operations and digital asset holdings post-divestiture [7] - The divestiture will involve a voluntary exchange of Series F Preferred Stock for shares of ACG, allowing stockholders to become shareholders of ACG [8]
Bloom Energy Seals a $5 Billion Partnership With Brookfield to Power AI Factories
The Motley Fool· 2025-10-14 07:47
Core Insights - Companies are collaborating to build and power large data centers specifically designed for AI operations, which require substantial electricity and a stable, lower-carbon energy source [1][4] Group 1: Partnership and Investment - Bloom Energy has formed a $5 billion partnership with Brookfield Asset Management to develop AI factories powered by Bloom's advanced fuel cell technology [2][5] - Brookfield recognizes the potential of AI and anticipates total spending on AI infrastructure to exceed $1 trillion this decade and $7 trillion over the next 10 years [3] Group 2: Infrastructure Requirements - AI factories necessitate a unique approach to construction, requiring massive power, rapid deployment, and real-time load responsiveness that traditional grids cannot support [4] - Electricity demand from AI data centers in the U.S. is projected to exceed 100 gigawatts (GW) by 2035, a significant increase from 4 GW last year [6] Group 3: Power Generation and Renewable Energy - Brookfield is heavily investing in renewable power, controlling over 46 GW of power-generation capacity and having about 230 GW of renewable energy development projects in its pipeline [7] - The company is also investing over $100 billion into digital infrastructure globally, including data centers and semiconductor fabrication facilities [8] Group 4: Future Growth Potential - The partnership between Bloom Energy and Brookfield aims to create scalable global solutions for AI factories, leveraging expertise in both data center development and power [9] - Bloom Energy's fuel cells are expected to play a crucial role in providing stable power for AI, potentially driving significant growth for both companies in the coming years [11]
X @Bloomberg
Bloomberg· 2025-10-14 00:47
Google is planning to invest more than $10 billion in southern India to set up a 1-gigawatt data center, marking one of its biggest bets in a market that’s key to its global expansion plans. https://t.co/gU9yjJdOtf ...