Google Invests $3.7 Billion in Bitcoin Mining Firm TeraWulf

Tech giant Google has acquired a significant stake in Bitcoin mining firm TeraWulf through a groundbreaking $3.7 billion investment. This strategic partnership will see TeraWulf leverage its Lake Mariner facility, which boasts 200 MW of IT load capacity, powered by liquid-cooled AI workloads. The agreement grants Google an 8% equity stake in the company, placing it among leading players in the Bitcoin mining and AI infrastructure space.