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Google Increases Investment in TeraWulf Amid Stock Surge

Originally Published 4 months ago — by Investor's Business Daily

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Source: Investor's Business Daily

Google has increased its stake in data-center operator TeraWulf to about 14% by providing an additional $1.4 billion support, as part of a broader expansion into high-performance data centers and bitcoin mining infrastructure. This move, along with Fluidstack's expansion at TeraWulf's Lake Mariner campus, has driven TeraWulf's stock to its highest since March 2022, supported by analyst upgrades and new financing plans.