TeraWulf Sells 25% Stake in Nuclear-Powered BTC Mining Facility to Talen Energy for $92M

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7 months ago bitnews

TeraWulf Sells 25% Stake in Nuclear-Powered BTC Mining Facility to Talen Energy for $92M In a strategic transaction, Bitcoin mining firm TeraWulf has sold a 25% equity interest in its nuclear-powered Bitcoin mining facility, Nautilus Cryptomine, to Talen Energy for $92 million, according to a press release on GlobeNewswire. The sale represents a 3.4x return