Google Becomes TeraWulf’s Largest Shareholder Following Significant Stake Increase

Tech giant Google has become the largest shareholder in TeraWulf after securing a significant stake through a backstop agreement related to a new colocation lease with AI infrastructure provider Fluidstack. The deal significantly boosts Google’s influence within the company, marking a major step forward for both entities. 14% ownership of TeraWulf was acquired as part of this agreement, highlighting the substantial value of their shared venture.