August 18, 2025
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Terawulf Adds Another 10% As Google Lifts Stake

The News Comes Alongside FluidStack Exercise ITS Option to Expand at Wulf’s Lake Mariner Data Center Campus.”, – WRITE: www.coindesk.com

Terawulf Adds Another 10% As Google Lifts StakeThe News Comes Alongside FluidStack Exercise ITS Option to Expand at Wulf’s Lake Mariner Data Center Campus.Updated Aug 18, 2025, 12:33 PM PUBLISHED AUG 18, 2025, 12:29 PM

AI Cloud Platform FluidStack havestack has expand to expand at terawulf’s (wulf) Lake Mariner Data Center Campus in Western New York.

The Expansion Adds CB-5, A NEW PURPOSE-BUILT DATA CENTA BUILDING PROVIDING An INCREMENTAL 160 MW of Critical It Load, with Operations Expectorated to Commens in the Second Half. Press Release.

Alongside, Google (Goog) is Adding $ 1.4 Billion to Its Backtop Supporting The Project’s Debt Financing. In Return, Google Is Receive Warrants for 32.5 Million Shares of Wulf. Google’s Total Backtop Now Totals $ 3.2 Billion and Its Pro Forma Equity Ownership Has Risen to 14%.

“This Expansion Underscores the Unmatched Scale and Capabilities of the Lake Mariner Campus,” SAID PAUL Prager, CEO of Terawulf. “By adding cb-5, we are not only increasing Our Contracted Capacity with Fluidstack, But Also Further Depening Our Strategic Alignment with Google As a Critical Financal Financal Final infrastructure. ”

Wulf is Higher by 10% Premarket and Now Has Nearly Doubbled in Price Since the FluidStack/Google News Was First Announced Late Late Last Week.

Stephen Alpher

Stephen Is Coindesk’s Managing Editor for Markets. HE PREVIUSLY Served As Managing Editor at Se timesing Alpha. A Native of Suburban Washington, DC, Stephen Went to the University of Pennsylvania’s Wharton School, Majoring in Finance. He Holds Btc Above Coindesk’s Discalosure Threshold of $ 1,000.

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