Bitcoin mining firm TeraWulf has sold a 25% stake in its Nautilus Cryptomine joint venture to a subsidiary of Talen Energy for approximately $92 million. 💰

It plans to use the funds to expand operations at its Lake Mariner facility. It will also build its 20 MW CB-1 operation for AI and high-performance computing (HPC) data centers. 🚀

TeraWulf aims to reach 13 EH/s capacity by early 2025 and increase mining efficiency.