TeraWulf just made another big bet that its future lies in powering AI, not mining Bitcoin. The company closed its acquisition of the Muskie Data Campus on May 22, a sprawling site in Eastern Kentucky designed to host more than 1 GW of high-performance computing capacity.
The deal expands TeraWulf’s total development pipeline by roughly 36%, pushing its controlled capacity to 3.8 GW across six sites.
What TeraWulf is actually buying
The Muskie Data Campus sits on approximately 285 acres within the 1,000-acre EastPark Industrial Park.
The development plan calls for more than 1 GW of total AI and HPC capacity. The first phase targets 500 MW and is scheduled to come online in the second half of 2028.
