Google secures option for 8% stake in Bitcoin miner TeraWulf via $1.8B backstop deal
Key Takeaways Google backs $1.8 billion TeraWulf AI project, gaining warrants for potential 8% stake. The deal includes $3.7 billion in contracted revenue and involves over 200 MW of AI-driven infrastructure development. Share this article American Bitcoin miner TeraWulf announced Thursday that it has entered into two 10-year high-performance computing (HPC) colocation agreements with AI … Read more