TeraWulf's $21 million in revenue from its HPC business overtook its bitcoin mining segment for the first time in Q1 2026.

TeraWulf acquired the Muskie Data Campus in Kentucky, adding 1 GW of AI and HPC capacity and pushing its total portfolio to 2.8 GW across five sites.

TeraWulf acquires the Muskie Data Campus in eastern Kentucky, planning over 1 GW of hyperscale data center capacity as it pivots from Bitcoin mining to AI infrastructure.