TeraWulf secures zoning approval for NY data center

TeraWulf (NASDAQ: WULF) secured a critical regulatory approval on Monday night when officials in Lansing, New York, voted to classify its Lake Cayuga site for permitted industrial use. The decision resolves a zoning dispute that previously stalled the company’s plans to convert a former coal plant into a data center. The Town of Lansing voted 3-2 to approve TeraWulf’s third appeal to categorize the facility as “general processing.” The vote allows the company to move forward without seeking additional r ...