Main meals:
- Google gets a share of 8 % of the shares in Terawulf, which is funded by a part of the AI hosting contract.
- Terawulf to supply more than 200 MW of high -performance computing capacity to 10 years.
- The deal represents a major transformation of an encoding minery in the infrastructure of 0 artificial intelligence, which enhances growth horizons.
Google got a 8 % stake in the US -based Bitcoin miners Terawoul Inc. As part of a billion dollars agreement to expand the HPC infrastructure (HPC) to the burdens of artificial intelligence work.
the deal It focuses on two frequent 10 -year agreements with the Cloud AI platform LiquidAccording to it, Terawulf will spread More than 200 megawatts (MW) It is embarrassed by information technology in that Mariner Lake Data Center In western New York. The contracts are estimated at 3.7 billion dollars In guaranteed revenues, with options extending for an additional contract, which is likely to lead to total revenue 8.7 billion dollars.
Google capital injection and stock position
Google will contribute $ 1.8 billion In order to support the project financing related to the project and guarantee part of the Fluidstack. On the other hand, the technology giant receives almost purchase orders 41 million shares From Terawulf shared shares, translated into 8 % Pro Forma.
According to the Trewulf CEO Paul PragharThe cooperation “combines capital experiences with world -class capital to provide artificial intelligence infrastructure from the next generation supported by low -cost energy, mostly zero carbon.” Briggue stressed that the strategic design of the Lake Mariner facility makes him “very ready” for the most demanding use of artificial intelligence in the world.
Read more: Capture AI cloud mining waves with cloud mining BTC Miner
From Bitcoin Mining to Ai PowerHouse
Terawulf, originally focused on Industrial bitcoin miningIt is increasingly placed as a Double purpose infrastructure providerSubmit food for both Blockchain operations and work burdens driven by artificial intelligence.
Company Senior Technology officials, Nassar KhanThe most prominent capacity of the facility: Double Transfer lines 345 kVCooling the closed loop, and connecting the super -mass fibers. Each engineering for HPC expansion. Khan noted that the long -term partnership with Fluidstack allowed Terawulf “a design for fully developed and improved infrastructure.”
This strategy reflects the path taken by other miners like CoruvWhich succeeded in switching to the superior computing of artificial intelligence services and cloud services while maintaining encryption mining operations.
Industry analysts call it a “transformational agreement”
Stock Research Company A clear street Description of double agreements as “transformational”, noting that it is The vision greatly improving On the course of growth and profitability Terawulf. The company maintained He buys The stock classification, with the price goal of $ 9, with warning that the features of implementation and financing are still critical control points.
Market monitors believe that the deal is more valid Current infrastructure companies Branching in the artificial intelligence sector – a trend that acquires momentum as Blockchain databases seek to diversify revenue flows amid bitcoin volatility.
Read more: A study on the real cost of Bitcoin: environmental, economic and level levels at the network level
Market reaction and stock performance
After the announcement, Terawoulf shares increased by more than 35 % In early trading on Thursday, the gains later extend to nearly 59 %Reaching their highest levels since December. The arrow is now fresh More than 320 % One of its lowest levels in April is almost affected 54 % year to date.
Google A and C shares from Google It also rose up after the news, and the construction of a modest gain from the previous session. The giant stock of research and cloud computing is there 7 % To date this year.
Executive schedule
Teawulf aims to provide 40 megawatts of information technology in the first half of 2026, and the next online in the last part of 2027. It is expected that the company will be built in a fun stages at a cost of tracking with customer request.
The expansion of Lake Mariner Fluidstack, a developer of the Amnesty International Cloud platform that focuses on hosting large -scale machinery functions, will be as a major tenant. Contracts depend on the scaling procedure with an increased need for artificial intelligence.
