Reported 2 days ago
TeraWulf is set to expand its Lake Mariner data center in New York with the addition of a new facility, CB-5, which will provide an extra 160 MW of IT load by 2026. This expansion comes alongside Google's commitment of $1.4 billion to support the project's financing, raising Google's total investment to $3.2 billion and increasing its equity stake in TeraWulf to 14%. Following this news, TeraWulf's stock saw a premarket increase of 10%.
Source: YAHOO