比特幣挖礦公司 TeraWulf Inc.（Nasdaq: WULF）已收購 Muskie Data Campus，該園區位於美國肯塔基州東部，已劃定用地以支援預期可為 AI 與高效能運算（HPC）工作負載提供超過 1 吉瓦（GW）電力容量的超大型資料中心。此次收購係由 Industrial Equity Partners 所出售，交易條件未揭露，內容包含位於占地 1,000 英畝的 EastPark Industrial Park 內約 285 英畝可開發土地。根據 The Block 的股價追蹤數據，該消息傳出後股價飆升超過 12%。肯塔基電力（Kentucky Power）正在建設一座 345 kV 變電站，並將其連接至既有的 765 kV 輸電網路，以支援整個 1+ GW 校園；能源服務合約已於收購同時期簽署。此次擴張反映 TeraWulf 對 HPC 與 AI 基礎設施的策略性轉變，而這一趨勢也在全產業中獲得先前的比特幣挖礦公司所共同採用。
TeraWulf's HPC Growth
TeraWulf's high-performance computing business overtook its bitcoin mining segment for the first time in Q1 2026, generating approximately $21 million of the company's total $34 million quarterly revenue. The firm currently operates campuses in New York, Texas, and Maryland, and has been converting some bitcoin-focused centers to support HPC workloads.
Strategic Expansion in Kentucky
Muskie will be TeraWulf's second major campus in Kentucky, joining its 480 MW site in Hancock County. CEO Paul Prager stated: "TeraWulf is fundamentally a power infrastructure company that builds digital infrastructure, not the other way around. Our ability to identify, secure, and develop sites like Muskie reflects the advantages of our integrated approach and deep experience operating complex energy infrastructure assets."
Prager added: "This project also reflects an important core strategy at TeraWulf: disciplined growth. We continue to focus on sites with durable power control, scalable expansion potential, strong utility relationships, and clear pathways to commercialization."
產業脈絡
此項收購發生在美國資料中心開發的更廣泛討論之際。批評者認為，資料中心的興建可能推高當地電價並引發環境疑慮；支持者則主張資料中心能創造就業與稅收收入。
