TeraWulf sold its stake in the Nautilus Bitcoin mining facility to Talen Energy for $92 million, planning to reinvest the proceeds into AI infrastructure, HPC data centers, and additional Bitcoin miners. The deal includes $85 million in cash and $7 million in mining equipment. TeraWulf aims to increase its hashrate to 13 exahashes per second by 2025 while continuing to prioritize zero-carbon energy sources. Talen now fully owns Nautilus but is reportedly considering selling its stake. Source: Cointelegraph
