MORGAN STANLEY LIFTS TERAWULF CREDIT LINE 60%

Morgan Stanley Senior Funding just expanded TeraWulf's revolving credit facility from $250 million to roughly $400 million, a 60% jump, effective October 23. The amendment also adds an uncommitted option for another $150 million and scraps the old $150 million cap on letters of credit. The bitcoin miner turned AI data center operator ($WULF) keeps widening its credit lines as it builds out power capacity for AI infrastructure.