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TeraWulf Inc Completes $850M Convertible Notes Offering

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TeraWulf Inc Completes $850M Convertible Notes Offering

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

On August 20, 2025, TeraWulf Inc. completed a private offering of 1.00% Convertible Senior Notes due 2031, raising $850 million. The net proceeds of approximately $828.7 million will be used for data center expansion and general corporate purposes. The notes are convertible into common stock and come with certain conditions and options for redemption and conversion. Additionally, TeraWulf entered into capped call transactions to mitigate potential dilution of its stock.

The most recent analyst rating on (WULF) stock is a Hold with a $9.50 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

Average Trading Volume: 54,562,516

Technical Sentiment Signal: Buy

Current Market Cap: $3.68B

For an in-depth examination of WULF stock, go to TipRanks’ Overview page.

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