TeraWulf eyes $3B funding with support from Google

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Teawulf aims to raise $ 3 billion of debt with the support of Google in the rank of Morgan Stanley.
Google got a 14 % stake in Terawuf, becoming its largest contributor.

Teawulf, Bitcoin Pivoting, continues for Amnesty International’s infrastructure, an increase of $ 3 billion of debt with the support of Google, arranged by Morgan Stanley.

Google provides $ 3.2 billion in financial financial funding. The partnership includes a 10 -year hosting agreement for more than 200 megawatts of liquid capacity that focuses on artificial intelligence services.

Backstop gives Google financing a 14 % stake in Terawulf, making it the largest contributor to the company. The participation of the technology giant reflects the growing large technology investment in the infrastructure to extract bitcoin that doubles as artificial intelligence account services.

The TERWULF shares rose more than 70 % in one day after the increasing Google involvement ads.

It puts the Terawulf partnership to become a major player in hosting artificial intelligence as well as traditional mining operations, as it takes advantage of the current energy infrastructure for expanded data center services.