BTCminer

Google has significantly increased its investment in the Bitcoin mining company TeraWulf, becoming its largest shareholder with a 14% stake. This move is part of an expanded financial agreement in which Google will provide a $3.2 billion financial backstop for a large-scale AI infrastructure project that TeraWulf is undertaking with Fluidstack.
In exchange for this increased financial guarantee, Google received warrants to purchase additional shares in TeraWulf. This partnership highlights a growing trend among Bitcoin miners to diversify their business by using their energy-intensive infrastructure for high-performance computing (HPC) and AI applications, not just for cryptocurrency mining. This strategic pivot allows companies like TeraWulf to secure long-term contracts with major tech firms and validate their business model.
#BTCminer
$BTC