TeraWulf Acquires 1 GW Kentucky AI Data Center Site, Shares Jump 11%
Bitcoin Magazine
TeraWulf has acquired a massive 1 gigawatt data center site in Kentucky to expand its artificial intelligence and high-performance computing infrastructure.Summary
TeraWulf Inc. has acquired the 285-acre "Muskie Data Campus" in eastern Kentucky, a strategic move to support over 1 gigawatt of AI and high-performance computing (HPC) capacity. The project, which involves a robust power delivery plan through Kentucky Power, is expected to come online in phases between 2028 and 2030. This acquisition highlights the company's transition toward AI infrastructure as revenue from HPC services recently outpaced Bitcoin mining. Following the announcement, TeraWulf shares rose 11%, reflecting investor confidence in the company's large-scale energy and infrastructure strategy.
(Source：Bitcoin Magazine)