Key facts
- TeraWulf Inc. successfully completed a junk bond sale.
- The company is now exploring options in the leveraged loan market.
- Funds will support AI infrastructure buildout.
TeraWulf Inc., a data center firm, is reportedly looking into the leveraged loan market for financing its artificial intelligence infrastructure expansion. This exploration comes shortly after the company successfully executed a significant junk bond sale, indicating a strategic move to diversify its funding sources. The company aims to leverage these capital markets to support its growth initiatives in the burgeoning AI sector.