Tag

Terawulf

All articles tagged with #terawulf

business4 months ago•1 min saved

Major Firms and Investors Boost Bitcoin Holdings Amid Crypto Boom

Despite earlier dismissals of crypto, firms like Social Capital are now launching SPACs to invest in Bitcoin, while tech giants like Google are heavily investing in Bitcoin mining, and the number of public companies holding Bitcoin has nearly doubled globally, raising questions about regulatory impacts and the future of corporate Bitcoin holdings.

via AMBCrypto|

#bitcoin #business #corporate-bitcoin

business4 months ago•2 min saved

Google Increases Investment in TeraWulf Amid Stock Surge

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.

via Investor's Business Daily|

#business #data-centers #fluidstack