Corporation Google increased the share in the company Terawulf to 14%, providing extended financial guarantees for a deal between miner and cloud platform FluidStackAI oriented.

Key Highlights

✔️ Total contracted capacity increases to >360 MW of Critical IT Load with the addition of CB-5
✔️ The CB-5 lease is on the same economic terms as the initial @fluidstackio leases for CB-3 and CB-4
✔️ Represents $6.7 billion in contracted revenue (with potential…
— TeraWulf (@TeraWulfInc) August 18, 2025

Initially, the amount of the guarantee was estimated in $1.8 billion, but later clarified that she had reached $3.2 billion. In return, Google received options to buy 73 million shareswhich corresponds to 14% of Terawulf’s capital.

Chief Strategic Director Terawulf, Kerry Langleys, called the investment ‘confirmation of the reliability of the company’s environmentally friendly infrastructure.’ Miner uses 91% energy from renewable sources.

After the April halving of 2024, many Bitcoin miners began to redistribute power to AI. Terawulf will continue to extract bitcoin, but the main focus will be on hosting high-performance computing. Crypto mining still provides cash flow and helps balance the power grid.

Agreement with FluidStack expected to bring the company $6.7 billion with potential growth up to $16 billion when extending the contract.

Over the last week of promotions Terawulf grew by 73.7%, reaching $10.57 and adjusted to $9.38 on August 18.

For comparison, in March AI startup Coreweavepreviously engaged in mining, signed a partnership with OpenAI for an amount up to $11.9 billion.