TeraWulf and Fluidstack Secure Long-Term Hosting Agreements

Bitcoin mining firm TeraWulf (NASDAQ: WULF) has partnered with AI cloud platform Fluidstack to secure long-term hosting agreements. The agreements, covering over 200 MW of critical IT load at the Lake Mariner data center in New York, will generate approximately $3.7 billion in revenue over the initial decade. With potential earnings reaching up to $8.7 billion if the contracts are extended, this collaboration marks a significant milestone for both companies.