TeraWulf Soars 12.49% on Google's AI Investment

On August 18, 2025, TeraWulf's stock price surged by 12.49% in pre-market trading, marking a significant rise in investor interest and confidence in the company.

TeraWulf's stock experienced a substantial surge following Google's investment in the cryptocurrency mining firm. Google acquired an 8% stake in TeraWulf, signaling a strategic shift towards AI infrastructure. This move positions TeraWulf as a key player in the rapidly expanding AI infrastructure market, with the Lake Mariner site designed for liquid-cooled AI workloads.

The partnership with Fluidstack, backed by Google, includes a 10-year AI hosting agreement valued at $3.7 billion. Under this agreement, TeraWulf will deploy over 200 megawatts of AI capacity at its Lake Mariner campus by late 2026. This deal not only secures long-term, stable revenue streams for TeraWulf but also aligns with the growing demand for high-performance computing in the AI sector.

Analysts have labeled the agreements as transformative, with a Buy rating on TeraWulf's stock and a price target of $9. The market's strong reaction to the news, with TeraWulf's stock surging over 35% in early trading and closing nearly 59% higher, reflects the significant investor confidence in TeraWulf's infrastructure capabilities.