Bitcoin mining firm TeraWulf has successfully completed a $1.025 billion convertible senior note issuance, surpassing its initial $900 million target. The offering includes $125 million in additional notes, allowing initial purchasers to buy more. After fees, TeraWulf will net approximately $999.7 million. The funds are earmarked for the development of a data center campus in Abernathy, Texas, and other corporate initiatives.