Bitcoin mining company Terawulf has sold its 25% stake in the nuclear-powered Nautilus Bitcoin mine in Pennsylvania to its joint venture partner Talen Energy for $92 million, according to TheMinerMag. Terawulf announced Thursday that the company completed the deal "before the expiration of the $0.02/kWh electricity contract and land lease in June 2027." The company plans to reinvest the proceeds in the construction of a 20-MW facility called CB-1 at its flagship Lake Mariner base in New York, which will be dedicated to hosting high-performance computing (HPC) and AI data centers. Terawulf said construction of CB-1 is "on track to be operational in the first quarter of 2025."