Bitcoin Miner Terawulf Offloads 25% Stake in Equity to Bolster AI and HPC Operations
Submitted by Anonymous (not verified) on Fri, 10/04/2024 - 19:40
Bitcoin miner Terawulf Inc. has completed the sale of its 25% stake in the Nautilus Cryptomine joint venture for approximately $92 million. The company said this week that it intends to use the proceeds to expand its high-performance computing (HPC) and artificial intelligence (AI) infrastructure at its Lake Mariner facility. Crypto Mining Firm Terawulf Sells […]