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

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

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

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 ...

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

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

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

Google’s TeraWulf investment rises to 14% as Fluidstack expands its data center deal, boosting campus capacity and financing.

Google boosted its stake in Bitcoin miner TeraWulf to 14%, making it the firm's biggest shareholder and sending WULF shares ...

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

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 ...