Talen Energy says crypto business is

Talen Energy says crypto business is "not strategic asset" - conf call

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Talen Energy says crypto business is "not strategic asset" - conf call

Aug 13, 2024 8:24 AM

NEW YORK, Aug 13 (Reuters) - Independent power company

Talen Energy ( TLN ) is considering alternatives for its crypto

mining operation, which it no longer considers "strategic," a

company executive said on a conference call on Tuesday.

Reuters reported this month that Talen was in a process to

sell its bitcoin mining center at the site of a Pennsylvania

nuclear power plant as the company focused on surging AI data

center demand.

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