Bitcoin miner TeraWulf ups hashrate guidance by 16%, raises $10 million as shares plummet

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TeraWulf negotiated a deal with Bitmain allowing it to expand its hashrate further by early 2023.

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Raising funds in a bear market can be tough, but it's not impossible!, as we can see from TeraWulf.

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Bitcoin Mining Firm TeraWulf Raises $10M in New Capital to Repay Some of Its Debts.TeraWulfInc has raised $10 million of new capital to repay certain debts while also agreeing to purchase 8,200 new miners from BITMAINtech. By JamieCrawleyCD TeraWulfInc BITMAINtech JamieCrawleyCD Yep, buy them all up on debt and then default ... the pattern continues. TeraWulfInc BITMAINtech JamieCrawleyCD Maybe it’s just me, but I’m scared of anything “Tera or Terra” TeraWulfInc BITMAINtech JamieCrawleyCD
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