TeraWulf Signs 200+ MW, 10-Year AI Hosting Agreements with Fluidstack đŸș TeraWulf will deliver over 200 MW of critical IT load at its Lake Mariner data center campus to Fluidstack. The agreements represent ~$3.7 billion in contracted revenue over the initial 10-year terms and includes two five-year extension options which, if exercised, would bring the total contract revenue to ~$8.7 billion. To support the buildout, @google will backstop $1.8 billion of @fluidstackio's lease obligations to support project-related debt financing, and will receive warrants to acquire ~41 million shares of $WULF common stock, equating to an ~8% pro forma equity ownership stake.
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