Bitcoin miner TeraWulf recently made a big move by signing an agreement with Fluidstack to provide over 200 megawatts of AI hosting services, and this partnership will last for 10 years.

To support this expansion, Google also got involved by guaranteeing Fluidstack, which includes $1.8 billion in lease obligations, helping to secure debt financing related to the project. Of course, Google isn't doing this for free; they will receive warrants, which could allow them to acquire approximately 41 million shares of TeraWulf's common stock, amounting to about 8% of the latter's pro forma equity.

With this maneuver, the miner is crossing into AI, and a tech giant is backing them up—this collaboration is quite interesting.$BTC