Terawulf Rallies 50% After Google 8% Stake — Positive Profitability Catalyst

I see that Terawulf shares surged about 50% after reports that Google acquired an 8% stake as part of a $3.7 billion, 10-year AI-related deal.

I believe Google’s strategic entry can materially improve Terawulf’s revenue visibility and access to capital, which may translate into stronger profitability for the miner and positive spillovers across the mining sector.

That said, I remain mindful of execution and valuation risks: the rally reflects a major catalyst, but investors should watch for confirmation of partnership details and monitor how the company deploys any new resources.