Google Invests in TeraWulf, Boosting Bitcoin Mining Sector

Tech giant Google has made a significant move into the cryptocurrency mining sector by acquiring an 8% stake in TeraWulf. This investment is worth approximately $3.7 billion and comes as part of a long-term agreement for a data center project. The partnership highlights institutional confidence in the AI infrastructure expansion within the crypto space. TeraWulf shares saw a notable surge following Google’s involvement, signaling positive market reaction to this venture.