<ul><li>Bitcoin mining firm TeraWulf has sold its 25% stake in the Nautilus Cryptomine joint venture to its partner, a subsidiary of Talen Energy, for $92 million.</li><li>TeraWulf plans to use the funds to expand its operations at the Lake Mariner facility and increase its mining capacity.</li><li>The company is strategically monetizing its interest in a power contract and ground lease set to expire in 2027 to focus on its New York facility and benefit from lower power costs.</li><li>TeraWulf's second-quarter earnings report showed mixed results, with decreased BTC mining but slightly higher revenue.</li></ul>

Bitcoin Miner TeraWulf Sells 25% Stake in Nautilus for $92 Million

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