PANews reported on November 1st that, according to Globenewswire, Nasdaq-listed Bitcoin mining company TeraWulf announced the completion of a $1.025 billion convertible senior note offering, exceeding the previously announced $900 million private placement. This includes $125 million in notes issued to grant initial purchasers an option to purchase additional notes. Net proceeds after fees are approximately $999.7 million. The new funds will be used for the construction of a data center campus in Abernathy, Texas, and for other corporate purposes.