Partnership
TeraWulf x Google (Fluidstack lease backstop)
Google agreed to backstop part of Fluidstack's lease obligations at Lake Mariner, about $3.2 billion in total, and received warrants in TeraWulf.
investment · Active · operating
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b0b8b1f0-60aa-4e2d-b538-fdd16f857ae4- Type
- investment
- Status
- Activeoperating
- Announced
- 2025-08-141.2 years ago
- Active for
- 1.2 years
Who’s involved
TeraWulf (NASDAQ: WULF) is a Bitcoin mining company that operates large-scale cryptocurrency mining data centers powered by nuclear and renewable energy. The company's flagship facility is the Lake Mariner Data Center in New York.
Google (Alphabet, NASDAQ: GOOGL) develops AI, cloud computing, and autonomous driving technology. [Waymo](/companies/waymo) is Alphabet's autonomous driving division. Google's DeepMind leads AI research, and Google Cloud provides AI infrastructure for robotics and physical AI companies.
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Sources (2)
- https://investors.terawulf.com/news-events/press-releases/detail/112/terawulf-signs-200-mw-10-year-ai-hosting-agreements-with-fluidstack · 2025-08-14
- https://investors.terawulf.com/news-events/press-releases/detail/114/terawulf-announces-fluidstack-expansion-with-160-mw-cb-5-lease-at-lake-mariner · 2025-08-18
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