3 hours ago

Bitcoin Miner TeraWulf Locks $3.7B AI Deal, Google Takes 8% Slice

TLDR: TeraWulf signs $3.7B, 10-year AI hosting deal with Fluidstack for 200+ MW at Lake Mariner campus. Google backs $1.8B of Fluidstack obligations, securing 8% equity stake in TeraWulf via 41M warrants. Phase one targets 40 MW online by mid-2026, with full deployment of 200+ MW by year-end 2026. Deal includes potential $8.7B total revenue [...]

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