Google has raised its backstop commitment for TeraWulf's AI facility to $3.2 billion to exchange for a ~14% stake.

The news comes alongside Fluidstack exercising its option to expand at WULF's Lake Mariner data center campus.

Google quickly raised its stake in the company, while Google-backed Fluidstack said it will expand a data center campus.

Last week, the company announced AI cloud firm Fluidstack would be leasing 200MW of critical IT load (~250MW of gross ...

Google now has a 14% stake in TeraWulf, after receiving more stock in exchange for increasing its backstop in a deal between ...

We recently published 10 Stocks Shine Brighter Than Wall Street. Terawulf Inc. (NASDAQ:WULF) is one of Monday’s top performers. Terawulf extended its winning streak to a fourth straight day on Monday ...

Google takes 14% stake in Bitcoin miner TeraWulf via $3.2B AI data deal, boosting revenue diversification and shifting focus ...

Most of the net proceeds are earmarked for the firm's data center expansion, with $85 million set aside for capped call ...

TeraWulf shares jumped 12% on Monday after Google raised its ownership in the crypto mining and data center company. The ...

TeraWulf shares jump after announcing $1.4 billion Google backing, Fluidstack expansion at Lake Mariner, and $400 million ...

Nasdaq-listed crypto mining firm TeraWulf (WULF) is up big after tech giant Google announced it was taking a large position ...

TeraWulf's pivot to HPC hosting is proving successful, securing a $3.7B contract with Fluidstack, backed by Google. Read why ...