tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

TeraWulf Inc Completes $1 Billion Convertible Notes Offering

Story Highlights
TeraWulf Inc Completes $1 Billion Convertible Notes Offering

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

The latest update is out from TeraWulf Inc ( (WULF) ).

On August 22, 2025, TeraWulf Inc. announced the completion of a $1 billion offering of 1.00% Convertible Senior Notes due 2031, following the full exercise of a $150 million greenshoe option by initial purchasers. The net proceeds, approximately $975.2 million, will be used for data center expansion and general corporate purposes, with $100.6 million allocated to capped call transactions to mitigate potential stock dilution.

The most recent analyst rating on (WULF) stock is a Buy with a $12.00 price target. To see the full list of analyst forecasts on TeraWulf Inc stock, see the WULF Stock Forecast page.

Spark’s Take on WULF Stock

According to Spark, TipRanks’ AI Analyst, WULF is a Neutral.

TeraWulf Inc’s overall stock score is primarily impacted by its weak financial performance, characterized by high leverage and negative cash flow. However, the positive sentiment from recent earnings calls and strategic corporate events, including significant partnerships and expansion plans, provide a more optimistic outlook. Technical indicators suggest strong momentum, but overbought conditions could lead to volatility. Valuation remains a concern due to ongoing losses and lack of dividends.

To see Spark’s full report on WULF stock, click here.

More about TeraWulf Inc

TeraWulf Inc. is a leading owner and operator of vertically integrated, predominantly zero-carbon digital infrastructure.

Average Trading Volume: 54,474,038

Technical Sentiment Signal: Buy

Current Market Cap: $3.44B

See more data about WULF stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1