Google’s Stock Love Triangle: 14% Stake, 72% Surge & A Data Center Drama 📈💔💻

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TeraWulf’s stock decided to moonwalk into the stratosphere 🚀 this week, soaring 72% after Google basically slid into its DMs with a 14% stake boost. Meanwhile, the company’s CB-5 data center? Funded faster than my ex’s texts after I changed my relationship status. 💸

Because of course tech giants and crypto bros are now besties, repurposing mining rigs for AI like it’s a Silicon Valley garage sale. 🖥️⛏️

Google’s Wallet Says “I Do” (Again)

Shares of TeraWulf jumped 12% Monday when Google basically said, “Hold my 8% stake,” and cranked it to 14%. The deal? A $1.4 billion “I’ll scratch your back” for warrants to buy 32.5 million shares. Add prior cash injections, and Google’s now dangling $3.2 billion like a carrot on a stick. 🥕💸

This “backstop” funding? Just Wall Street code for “pray this data center doesn’t become a digital white elephant.” 🛑🐘 But hey, Google’s getting stock options like it’s Tinder matches-locking in prices now to cash in later. Smooth move, Jeff.

CEO Paul Prager called the deal “strategic alignment,” which is corporate speak for “we’re hitching our wagon to Google’s rocket ship.” 🚀 He also name-dropped “energy resources” and “operational expertise” like they’re the new Beyoncé and Jay-Z. 💎

Shares up 90%? Investors are either geniuses or sleep-deprived crypto bros on Red Bull. 🐂🐻

“This is a game changer in the industry.”
– $WULF CEO @PaulBPrager

If you have the energy infrastructure, the right management team, and the right people on the ground, this is the time and Lake Mariner is the place for #AI & #HPC @CNBC @PowerLunch @SullyCNBC

– TeraWulf (@TeraWulfInc) August 15, 2025

Fluidstack & The 200-Megawatt Love Affair 💡🔌

Last week, TeraWulf signed *two* decade-long deals with Fluidstack for 200 megawatts at Lake Mariner. Then Fluidstack said, “Hold my beer,” and bought another 160 MW. Total IT load? Enough to power a small country-or a very thirsty AI startup. 🌍🤖

CB-5 goes live in 2026. TeraWulf’s CTO called the infrastructure “reliable and scalable,” which in human means “we won’t embarrass ourselves on launch day.” 🚪 The deals could rake in $6.7 billion, maybe $16 billion if aliens sign leases. 🛸

Analysts? They’re cautiously optimistic, aka “this could work unless Skynet takes over.” 🤖 But hey, pivoting from Bitcoin to AI is like swapping your flip phone for an iPhone-expensive, risky, but hey, everyone’s doing it. 📱

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2025-08-19 06:54