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home / news releases / XPDI - Gwyneth Paltrow invests in green bitcoin miner TeraWulf

XPDI - Gwyneth Paltrow invests in green bitcoin miner TeraWulf

Power & Digital Infrastructure Acquisition Corp.
Actress Gwyneth Paltrow is one of several investors in a recently announced $200M debt and equity financing round for green bitcoin miner TeraWulf (NASDAQ:IKNX). Paltrow, Moj Mahdara and a group of  investors, executives and entrepreneurs made a "substantial, 8-digit equity investment" in Terawulf. The group includes actresses and comedians Mindy Kaling and Lilly Singh, entrepreneur and investor Kimberly A. Blackwell, and Ronnie Fieg, the  CEO & founder of KITH. The investment comes as Terawulf, which aims to mine bitcoin through nuclear, hydro and solar energy, is set to to start trading tomorrow after completing a reverse merge with IKONICS (IKNX) under the ticker "WULF." TeraWulf joins several other bitcoin miners who have gone public this year or announced SPAC deals to go public including Core Scientific (NASDAQ:XPDI), Griid Infastructure (NYSE:ADEX)  and Bitdeer Technologies (NASDAQ:BSGA). “TeraWulf is positioned to mine zero-carbon Bitcoin domestically at an industrial scale," Paltrow said in a statement ."And equally crucial,

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Gwyneth Paltrow invests in green bitcoin miner TeraWulf
Stock Information
Company Name: Power & Digital Infrastructure Acquisition Corp.
Stock Symbol: XPDI
Market: NASDAQ
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