TeraWulf - CFO Patrick Fleury Q&A - Maryland & Kentucky Announcement! episode artwork

EPISODE · Feb 3, 2026 · 26 MIN

TeraWulf - CFO Patrick Fleury Q&A - Maryland & Kentucky Announcement!

from Power Analysis · host Anthony Power & Bryce McNallie

We welcome TeraWulf CFO Patrick Fleury to break down two site acquisitions that more than double company scale. We explore fast-track capacity in Kentucky and a long-horizon, self-generation plan in Maryland that aligns with grid realities and policy momentum.• 480 MW energized Kentucky site near major metros• Morgantown Maryland vision for 1,500 MW new generation• 200 MW existing generation producing free cash flow• Brownfield protections and community engagement• Bring-your-own-power strategy for data centers• Lease economics, PUE targets, and EBITDA margins• Financing tools beyond converts and project debt• Disciplined growth pace of 250–500 MW per year• Geographic diversity across NYISO, MISO, SPP, PJM• Avoiding grid parasitism and building firm capacityTake a second, smash the like button, guys. If you're not already subscribed, McNallie Money, feel free to join. Let us know in the comment section below if you're currently holding shares of TerraWolf and what you thought about yesterday's deal!Anthonys Info:Website:https://www.powermininganalysis.comX: https://twitter.com/cazenove_ukPatreon:https://www.patreon.com/Cazenove_UKBryce's Info:X:https://twitter.com/McnallieMPatreon:https://www.patreon.com/McNallieMoneyMerch:https://shop.mcnalliemoney.com/Website:https://www.mcnalliemoney.comBusiness Inquiries:Email - [email protected]

We welcome TeraWulf CFO Patrick Fleury to break down two site acquisitions that more than double company scale. We explore fast-track capacity in Kentucky and a long-horizon, self-generation plan in Maryland that aligns with grid realities and policy momentum. • 480 MW energized Kentucky site near major metros • Morgantown Maryland vision for 1,500 MW new generation • 200 MW existing generation producing free cash flow • Brownfield protections and community engagement • Bring-your-own-power ...

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TeraWulf - CFO Patrick Fleury Q&A - Maryland & Kentucky Announcement!

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This episode was published on February 3, 2026.

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We welcome TeraWulf CFO Patrick Fleury to break down two site acquisitions that more than double company scale. We explore fast-track capacity in Kentucky and a long-horizon, self-generation plan in Maryland that aligns with grid realities and...

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