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  • 00:48
    TeraWulf Announces Issuance of $850 Million Convertible Bonds and Sets Offering Price
    According to Jinse Finance, Nasdaq-listed Bitcoin mining company TeraWulf announced today that it has finalized the upsized amount and offering price for its proposed 1.00% convertible senior notes due 2031 (hereinafter referred to as the "convertible notes"), with a total principal amount of $850 million. The convertible notes will be issued through a private placement to qualified institutional buyers as defined under Rule 144A of the amended Securities Act of 1933. The $850 million convertible senior notes carry a 1.00% coupon and a 32.50% conversion premium. TeraWulf has also entered into capped call transactions for the 1.00% convertible notes due 2031, with an initial cap price of $18.76 per share of common stock, representing a 100% premium over TeraWulf’s closing price on August 18, 2025. TeraWulf has granted the initial purchasers of the convertible notes a 13-day option to purchase up to an additional $150 million in principal amount of the notes. The offering is expected to close on August 20, 2025, subject to customary closing conditions.
  • 00:41
    Data: Whale Sells 3,075 ETH for $13.25 Million, Still Holds 15,700
    According to ChainCatcher, OnchainLens monitoring shows that a certain whale sold 3,075 ETH at an average price of $4,310, cashing out $13.25 million in DAI. The whale still holds 15,708 ETH, worth approximately $67.82 million, and may continue to sell in the future.
  • 00:41
    JPYC’s Yen Stablecoin to Be Deployed on Ethereum, Avalanche, and Polygon
    According to ChainCatcher, Japanese yen stablecoin issuer JPYC has announced plans to deploy its yen stablecoin on Ethereum, Avalanche, and Polygon. On November 10, 2021, JPYC, the Japanese yen stablecoin issuer, completed a 500 million yen (approximately 4.43 million USD) Series A funding round, led by Headline Asia with participation from Circle Ventures.
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