🚗 #GateSquareCommunityChallenge# Round 2 — Which coin is not listed on Gate Launchpad❓
Time to prove if you’re a true Gate veteran!
💰 Join the challenge — 5 lucky winners will share $50 in GT!
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🗓️ Deadline: October 8, 2025, 24:00 (UTC+8)
TeraWulf plans to seek $3 billion in debt financing for the construction of data centers.
On September 27, Bloomberg reported that Bitcoin mining company TeraWulf (NASDAQ: WULF) expects to raise approximately $3 billion to support the construction of its data centers. Morgan Stanley is arranging this potential transaction for TeraWulf, which could launch as early as October, with financing potentially completed through the high-yield bond or leveraged loan markets. Google is expected to provide backstop support for the deal, which could lead to a higher rating for the debt; rating agencies will determine the credit rating for the transaction within the range of BB to CCC.