🚀 TeraWulf Hits Jackpot with $92M Deal! 🚀
Bitcoin mining firm TeraWulf just sold its stake in a 200 MW Bitcoin mining facility to Talen Energy for a whopping $92 million! 💰
- TeraWulf's investment in Nautilus yielded a 3.4x return. Cha-ching!
- The $92M includes $85M in cash and 30,000 miners/equipment worth $7M.
- Plans to reinvest in a 20 MW AI and HPC data center at Lake Mariner, NY.
- Aiming to boost operational hash rate to 13 exahashes/second by March 2025.
TeraWulf’s share price jumped 8% to $4.71. Talk about a power move! ⚡
What do you think? Drop your thoughts in the comments! 💬