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. “This transaction allows TeraWulf to achieve a 3.4x return on its investment in Nautilus,” TeraWulf said in an Oct. 3 statement. TeraWulf intends to reinvest much of the $92 million into the construction of a 20 megawatt facility for hosting AI and HPC data centers at its Lake Mariner base in western New York and buy more Bitcoin (BTC) miners. “[It will] provide significant capital to invest in…