WULF - What's Going On With Shares Of Bitcoin Miner TeraWulf Tuesday? | Benzinga
TeraWulf Inc (NASDAQ:WULF) on Tuesday announced that it paid off a term loan early, eliminating all outstanding debt.
What Happened: TeraWulf completed full repayment of its term loan ahead of schedule after making a final payment of $77.5 million.
The company said the move underscores its commitment to financial prudence and resiliency. After paying off the term loan and eliminating its debt, TeraWulf has maximized its financial flexibility to scale and deploy its valuable and low-cost energy infrastructure for bitcoin mining and high-performance computing AI applications.
“Our business’s profitability and strong ...