Bitcoin miner TeraWulf raises $17 million as it ramps up infrastructure build-out

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Bitcoin miner TeraWulf raises $17 million as it ramps up infrastructure build-out
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Bitcoin miner TeraWulf raised $17 million in a mix of equity and debt.

Bitcoin miner TeraWulf raised $9.5 million in equity and drew an extra $7.5 million from an existing loan. The bitcoin miner recently energized the first 50-megawatt building in New York, reaching 1.6 EH/s in total operational capacity.

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