Bitcoin mining company TeraWulf on April 14 increased its common stock offering size from $800 million to $900 million, issuing 47.4 million shares at $19 per share to fund the construction of a data center campus in Kentucky and repay bridge loans. The transaction is expected to close on April 16; as a result, the company's stock price fell about 6% to $19.70 in pre-market trading; additionally, the company announced preliminary results, expecting first-quarter revenue of $30 million to $35 million, with an adjusted EBITDA of up to $3 million. As of March 31, it held $3.1 billion in cash and equivalents, with total debt of $5.8 billion. (The Block)

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