TeraWulf completed the acquisition of Beowulf Electricity & Data for $52.4m.

TeraWulf, a digital asset technology company, completed the acquisition of Beowulf Electricity & Data, an energy and digital infrastructure company, for $52.4m. “This acquisition consolidates our operations under a single, unified structure. It enhances transparency, strengthens governance, and provides greater strategic flexibility as we pursue long-term growth and value creation. With all employees operating under one roof, we are well-positioned to scale our next-generation infrastructure and support the evolving demands of AI and high-power compute workloads,” Kerri Langlais, TeraWulf Chief Strategy Officer.