Nasdaq-listed bitcoin mining company TeraWulf announced the completion of a public offering of 54.5 million shares of common stock at a price of $19.00 per share, raising a total of $1.036 billion. Morgan Stanley served as the lead underwriter, with Bank of America Securities, Citigroup, TD Cowen, and Wells Fargo Securities as co-managers, Citizens Capital Markets and Santander Bank as co-underwriters, and Cantor Fitzgerald as the equity capital markets advisor.
TeraWulf Completes $1.036 Billion Share Offering
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Summary
Bitcoin news: TeraWulf finalized a $1.036 billion share offering, selling 54.5 million common shares at $19.00 each. The Nasdaq-listed Bitcoin mining company had Morgan Stanley as lead underwriter, with Bank of America Securities, Citigroup, TD Cowen, and Wells Fargo as co-underwriters. Citizens Capital Markets and Santander Bank served as assistant underwriters, while Cantor Fitzgerald provided equity capital markets advisory services.
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