TeraWulf Google Stake: $3.7B AI Hosting Deal Sparks 59% Stock Surge
Breaking news — quick summaryOn Aug 14, 2025, TeraWulf announced a transformational co-location and high-performance compute deal (with Fluidstack) worth $3.7 billion — a transaction that includes Google backstopping $1.8 billion of lease obligations and receiving roughly 41 million TeraWulf shares (~8% stake). The announcement ignited a dramatic rally in TeraWulf shares, which jumped more…