🚀 **TeraWulf's Big Move: Selling Nautilus Stake for $92M to Boost BTC Mining!** 🚀

Bitcoin mining firm TeraWulf has sold its 25% stake in the Nautilus Cryptomine joint venture to Talen Energy for a whopping $92 million! 💰 The funds will be used to expand their Lake Mariner facility, including a 20 MW operation for AI and HPC data centers.

TeraWulf is also working on completing its fifth mining building, aiming for over 13 EH/s capacity by early 2025 while improving mining efficiency. This strategic move allows TeraWulf to focus on lower power costs and simplify financial statements. 📈

Despite mixed Q2 results, TeraWulf mined 699 BTC and generated $35.6 million in revenue. The future looks bright for TeraWulf as they reinvest in their BTC mining operations! 🌟