Mentioned:
TeraWulf is buying up more land in Kentucky for high performance computing. But, why?
What’s happening:
- TeraWulf (NASDAQ: WULF) has acquired a new development site located in Kentucky known as the Muskie Data Campus
Why it matters:
- TeraWulf has publicly stated that the Muskie Data Campus is expected to be able to support 1 gigawatt of data centre capacity over the next four years
Going deeper:
- The Muskie Data Campus spans approximately 285 acres and is tied into new utility scale transmission and power capacity being built by Kentucky Power
- TeraWulf acquired the Muskie Data Campus directly from private real estate and infrastructure asset management company Industrial Equity Partners
The intrigue:
- This is not the first development site located in Kentucky that TeraWulf has purchased, previously acquiring 250 acres of land in Kentucky that has 480 megawatts of existing power available
The fine print:
- The purchase price of the Muskie Data Campus has not yet been publicly disclosed
