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Nautilus, TeraWulf and Talen
Talen Energy buys TeraWulf's Nautilus Cryptomine stake in $85M deal
Talen Energy (NASDAQ:TLN) said Thursday it now owns 100% of the Nautilus Cryptomine 200 MW bitcoin mining facility in Pennsylvania after purchasing TeraWulf's interest for $85M. Under the deal terms,
TeraWulf sells its 25% stake in Nautilus Cryptomine for $92M
Bitcoin mining firm TeraWulf has just sold its stake in a 200 megawatt Bitcoin mining facility to its partner, Talen Energy, for $92 million — and says its proceeds will go toward AI and Bitcoin mining.
Talen Energy Purchases TeraWulf’s Minority Share in Nautilus Cryptomine
Under the terms of the agreement, Talen has purchased TeraWulf’s 25% share in Nautilus and obtained full control of the legacy power purchase agreement, for total consideration of $85 million cash along with select physical assets used in the bitcoin mining operation.
Talen Energy purchases stake in Pa. bitcoin mining facility
Talen Energy Corporation announced Thursday that it has completed a transaction with TeraWulf Inc. to purchase TeraWulf’s interest in Nautilus Cryptomine.
Talen Energy buys stake in nuclear-powered bitcoin mining campus
U.S. utility firm Talen Energy said on Thursday it has bought TeraWulf's minority stake in a 200-megawatt (MW) bitcoin mining facility in Pennsylvania.
Crypto News Flash
6h
Terawulf Reinvents Bitcoin Mining with AI and HPC Investments in 2025
Terawulf sold its 25% stake in Nautilus to reinvest in AI and HPC, enhancing its Bitcoin mining operations and sustainability ...
cryptonews
1d
Bitcoin Miner Terawulf Sells 25% Stake, Plans to Reinvest in Enhancing Mining Fleet Efficiency
TeraWulf also aims to complete the construction of the mining building 5, “MB-5,” alongside CB-1, HPC and AI data centre.
1d
Bitcoin Miner TeraWulf Sells Stake in Nuclear-Powered Facility, Shifts Focus to AI Data Centers
TeraWulf has completed the sale of a 25% stake in its Nautilus Cryptomine joint venture for approximately $92 million.
1d
TeraWulf Monetizes Equity Interests in Nautilus Joint Venture to Fuel Expansion of HPC/AI and Bitcoin Mining at Flagship Lake Mariner Facility
Total Consideration of Approximately $92 Million, Resulting In a 3.4x Return on Investment12 MW AI/HPC Proof-of-Concept Project Nearing ...
Lehigh Valley Business
1d
Talen buys Berwick-based bitcoin mining operation
Talen Energy Corporation, an independent power producer that spun off from Allentown’s PPL Energy Supply in 2015, said that ...
20h
TeraWulf Inc. Capitalizes on Strategic Sale and Expansion Plans
TeraWulf Inc ( (WULF) ) just unveiled an announcement. TeraWulf Inc. has successfully sold its 25% stake in the Nautilus ...
1d
TeraWulf以9200万美元出售Nautilus股权,瞄准扩张
马里兰州伊斯顿 - 专注于可持续数字基础设施的公司TeraWulf Inc. (NASDAQ:WULF)已将其在Nautilus Cryptomine合资企业中25%的股权出售给Talen Energy Corporation的一家子公司。这笔价值约9200万美元的交易将为TeraWulf扩张其Lake Mariner设施提供资金,重点发展高性能计算 (HPC)和人工智能 ...
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