BlockBeats news, on August 14, according to Rockflow market data, Bitcoin mining company TeraWulf (WULF) pre-market rose over 28%, currently reported at $6.97.
Previously reported, TeraWulf signed two 10-year AI hosting agreements with AI cloud platform Fluidstack, with estimated first 10 years contract revenue of about $3.7 billion, and if the extension option is exercised, it could reach $8.7 billion. Google will guarantee Fluidstack's $1.8 billion lease obligation and will receive approximately 41 million warrants, accounting for about 8% of the company's equity.