💥 Gate Square Event: #PostToWinCGN 💥
Post original content on Gate Square related to CGN, Launchpool, or CandyDrop, and get a chance to share 1,333 CGN rewards!
📅 Event Period: Oct 24, 2025, 10:00 – Nov 4, 2025, 16:00 UTC
📌 Related Campaigns:
Launchpool 👉 https://www.gate.com/announcements/article/47771
CandyDrop 👉 https://www.gate.com/announcements/article/47763
📌 How to Participate:
1️⃣ Post original content related to CGN or one of the above campaigns (Launchpool / CandyDrop).
2️⃣ Content must be at least 80 words.
3️⃣ Add the hashtag #PostToWinCGN
4️⃣ Include a screenshot s
Bitcoin mining company TeraWulf has expanded its private sale issuance scale to 900 million USD.
According to Mars Finance, Bitcoin mining company TeraWulf announced that it will expand its private sale issuance scale to 900 million USD and has determined the issuance terms. This issuance is for 0% convertible preferred notes, with an over-allotment option of 125 million USD, and the maturity date is set for 2032. This issuance is an extension of the company’s previously disclosed 500 million USD financing plan, with initial purchasers able to exercise additional subscription rights within 13 days. The company stated that the conversion premium on these zero-coupon notes is 37.5%, and based on Wednesday's closing price of 14.5 USD, the initial conversion price is approximately 19.94 USD per share. If the over-allotment option is fully exercised, the total financing amount will reach approximately 999.7 million USD, and the funds will be used for the construction of the Abernathy data center campus in Texas and other company purposes.