TeraWulf (WULF) Announces Early Debt Payoff
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TeraWulf Announces Early Debt Payoff
July 9, 2024 8:00 AM EDTDebt-free balance sheet positions the Company to rapidly scale and deploy highly sought after energy infrastructure
EASTON, Md., July 09, 2024 (GLOBE NEWSWIRE) -- TeraWulf Inc. (Nasdaq: WULF) (TeraWulf or the Company), which owns and operates vertically integrated, domestic Bitcoin mining facilities powered by 95% zero-carbon energy, today announced the full repayment of its term loan ahead of schedule, eliminating all outstanding debt.
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... More
