According to its chief strategist, Bitcoin mining company TeraWulf would consider merging with other companies if it can increase its profit margins, but not if it is solely for the purpose of expanding its empire.
This decision aligns with the trend of more mergers and acquisitions in the industry after the recent Bitcoin halving.
However, TeraWulf’s focus is on organic growth at its current sites and creating returns for its shareholders, rather than simply reaching hashrate milestones. Their priority is on discerning allocation of capital to bring sustained profits, rather than just expanding rapidly.
This distinction is important for investors to recognize the difference between profitable growth and simply expanding.
