TeraWulf Fully Repays Term Loan, No Debt Outstanding

TeraWulf Achieves Debt-Free Status Following Final Loan Repayment
TeraWulf Fully Repays Term Loan, No Debt Outstanding
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TeraWulf, a leading Bitcoin mining company, has announced the full repayment of its term loan, eliminating all outstanding debt. The final payment of $77.5 million marks a significant milestone for TeraWulf, positioning the company for future growth and financial stability. CFO Patrick Fleury emphasized the company's commitment to enhancing shareholder value and allocating future profits towards organic growth, potential dividends, or share buybacks. This strategic move has positively impacted TeraWulf's market performance, with shares trading up by 3.11% pre-market.

Disclaimer: Please note that the information provided in this article is based on the referenced research articles. It is essential to conduct further research and analysis before making any investment decisions. The cryptocurrency market is highly volatile, and investors should exercise caution and consult with financial professionals before engaging in cryptocurrency trading or investment activities.

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