TeraWulf Buys 285-Acre Kentucky Campus for 1 GW AI Data Center
Updated
Updated · Crypto Briefing · May 26
TeraWulf Buys 285-Acre Kentucky Campus for 1 GW AI Data Center
10 articles · Updated · Crypto Briefing · May 26
TeraWulf closed its purchase of the 285-acre Muskie Data Campus on May 22, adding a Kentucky site it plans to build into more than 1 gigawatt of hyperscale HPC capacity.
500 MW is targeted for the second half of 2028 and another 500 MW by the end of 2030, backed by a dedicated 345 kV substation that Kentucky Power is building to connect with an existing 765 kV network.
Shares rose 11% to 13% after the May 26 announcement, reflecting investor support for TeraWulf’s shift from Bitcoin mining toward AI and high-performance computing infrastructure.
With Muskie and the roughly 480 MW Hawesville campus acquired in February, TeraWulf’s Kentucky portfolio now points to more than 1.5 GW of planned capacity.
From Bitcoin to AI, can TeraWulf's massive Kentucky gamble pay off before the power grid hits its limit?
Are repurposed industrial sites a sustainable solution for AI's growth or a temporary fix masking deeper resource challenges?
As AI giants promise jobs, will local communities be left with higher power bills and strained public services?