Upsized deal priced with 1% coupon and 32.5% conversion premium
New 160 MW build at Lake Mariner pairs with $400M convertible bonds raise
Bitcoin mining stocks common $35 billion in market cap as of Friday
These companies collectively account for nearly 35% of global production
Realized hashrate dropped to 5.98 EH/s in November
WULF price rallied 30% since Friday ahead of share-repurchase announcement
Despite low profits and high difficulty, some pubcos are doubling down on mining
‘Fractal Bitcoin’ could be a boon or bane for mining
Financial expenses made up 31% of Terawulf's Q1 total hashcost
Six public mining companies have raised over $1 billion in Q1 so far
Terawulf closed out 2023 with a cash reserve "exceeding $50 million."
Bitcoin's daily production benchmark dropped to an all-time low below 2 BTC/EH/s in January.