US Stock Market Move | Intended to issue $3.2 billion in bonds to expand data center TeraWulf (WULF.US) rose nearly 9%.

On Tuesday, TeraWulf (WULF.US) rose nearly 9%, with a year-to-date cumulative increase of 169%, now trading at $15.21. In terms of news, the company announced that its subsidiary plans to issue $3.2 billion in 2030 senior secured bonds, with the net proceeds to be used for the expansion of its data center project in the Lake Mariner park in New York State. As a vertically integrated sustainable digital infrastructure owner and operator, the data center expansion project is part of TeraWulf's development plan.