TeraWulf Shares Soar as AI Infrastructure Lease Boosts Bitcoin Mining

TeraWulf Inc., a US-based firm specializing in Bitcoin mining and high-performance computing, announced a significant 25-year lease agreement with Fluidstack valued at approximately $9.5 billion. This venture will deliver 168 MW of critical IT load to TeraWulf’s Texas campus, enabling the integration of AI infrastructure. The collaboration grants TeraWulf a majority stake and exclusive rights to future projects led by Fluidstack, while Google will provide financial support of $1.3 billion for long-term lease obligations.