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2026-07-09 17:52:13

Bitcoin Miner Terawulf Inks $3.7B AI Hosting Deal with Fluidstack, Backed by Google

Bitcoin miner Terawulf announced two 10-year HPC colocation agreements with AI cloud platform Fluidstack, worth an estimated $3.7 billion in contracted revenue. Google backstops $1.8 billion of Fluidstack's lease obligations and receives warrants for about 8% of Terawulf's equity. The project will deliver over 200 MW of IT load in phases starting H1 2026.

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Bitcoin Miner Terawulf Inks $3.7B AI Hosting Deal with Fluidstack, Backed by Google