Google Has Increased Its Stake From 8%—14% on TeraWulf

Google has increased its stake in TeraWulf, a Bitcoin mining and data center company, to 14% from 8%, becoming its largest shareholder. This follows a $3.2 billion backstop commitment, including an additional $1.4 billion, to support a 10-year colocation agreement with AI cloud provider Fluidstack at TeraWulf’s Lake Mariner facility in New York. The deal

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