By using this site, you agree to the Privacy Policy and Terms of Use.
Accept

BTCRepublic: Timely News & Analysis for Smarter Trading.

  • ABOUT
  • DISCLAIMER
  • CONTACT
New Logo Black BTCRepublic BTCRebpublic-New White Logo
  • Guides
    • Bitcoin
    • Ethereum
    • Altcoins
    • Blockchain
    • DeFi
    • Mining
    • NFTs
    • Wallets
  • News
    • Bitcoin News
    • Ethereum News
    • Altcoins News
    • NFT News
    • Memecoin News
    • Blockchain News
    • Stablecoins News
    • DeFi News
  • Reviews
    • Exchanges
    • Wallets
    • Casinos
    • Services
  • Price Predictions
    Price PredictionsShow More
    Solana (SOL) Price Faces Correction, But Bulls Eye $205
    Solana (SOL) Price Faces Correction, But Bulls Eye $205
    August 4, 2025
    Ethereum Price Prediction 2024, 2025
    Ethereum Price Prediction 2024, 2025: What to Expect for ETH by 2030
    November 12, 2024
    Bitcoin Price Rises To $78k
    Bitcoin Price Rises To $78k After China Announced Stimulus Packages
    September 24, 2024
    Ethereum (ETH) Surged 15%
    Ethereum (ETH) Surged 15% In 7 Days Despite Whale Selloff
    October 29, 2024
    Worldcoin (WLD) Price Surged 16% As OpenAI Drops New AI Model
    Worldcoin (WLD) Price Surged 16% As OpenAI Drops New AI Models
    October 29, 2024
  • About US
  • Privacy Policy
  • Editorial Policy
  • Terms of Service
  • Disclaimer
  • Contact Us
  • Sitemap
Reading: Crypto Miner TeraWulf Raises $3 Billion To Expand Data Centres
Share
  • bitcoinBitcoin(BTC)$118,725.49
  • ethereumEthereum(ETH)$4,410.15
  • rippleXRP(XRP)$2.98
  • binancecoinBNB(BNB)$1,038.62
  • tetherTether(USDT)$1.00
  • solanaSolana(SOL)$225.24
  • usd-coinUSDC(USDC)$1.00
  • staked-etherLido Staked Ether(STETH)$4,405.26
  • dogecoinDogecoin(DOGE)$0.257537
  • cardanoCardano(ADA)$0.86
Font ResizerAa
BTCRepublicBTCRepublic
  • Guides
  • News
  • Reviews
  • Price Predictions
Search
  • Guides
    • Bitcoin
    • Ethereum
    • Altcoins
    • Blockchain
    • DeFi
    • Mining
    • NFTs
    • Wallets
  • News
    • Bitcoin News
    • Ethereum News
    • Altcoins News
    • NFT News
    • Memecoin News
    • Blockchain News
    • Stablecoins News
    • DeFi News
  • Reviews
    • Exchanges
    • Wallets
    • Casinos
    • Services
  • Price Predictions
Follow US
  • About US
  • Privacy Policy
  • Editorial Policy
  • Terms of Service
  • Disclaimer
  • Contact Us
  • Sitemap
© 2025 All Rights Reserved by BTCRepublic.

Home - News - Crypto Miner TeraWulf Raises $3 Billion To Expand Data Centres

News

Crypto Miner TeraWulf Raises $3 Billion To Expand Data Centres

Bitcoin mining company TeraWulf is looking to raise $3 billion through debt financing to expand its data center capacity.

Oladapo Timothy
Last updated: September 29, 2025 2:31 pm
Oladapo Timothy
Published: September 29, 2025
Share
Disclosure: BTCRepublic provides analysis and forecasts but does not offer investment advice. Our content is for informational purposes only. Please conduct your own thorough research and consult with a financial advisor before making any investment in cryptocurrency.
Crypto Miner TeraWulf Raises $3 Billion To Expand Data Centres
Highlights
  • TeraWulf seeks $3 billion in debt financing to expand its New York campus.
  • Google’s 14% stake in TeraWulf supports the $3 billion financing deal.
  • Financing will help TeraWulf increase its data center capacity for Bitcoin mining.

Cryptocurrency miner TeraWulf is raising $3 billion U.S. in debt to help fund an expansion of its data centre operations.

Contents
  • Bitcoin Miner TeraWulf Looks to Raise $3 Billion for New Data Centers
  • Financing Plan and Role of Google
  • Expansion of Lake Mariner Campus
  • Google’s Stake and the AI Compute Deal
  • Comparable Deal with Cipher

The deal is supported by Google parent company Alphabet, which owns 14% of TeraWulf and is working with the crypto miner to grow its artificial intelligence (A.I.) infrastructure.

btcrepublic advertise

Bitcoin Miner TeraWulf Looks to Raise $3 Billion for New Data Centers

Bitcoin mining company TeraWulf is looking to raise $3 billion through debt financing to expand its data center capacity. The deal, arranged by Morgan Stanley and supported by Google, aims to further develop the Lake Mariner campus in New York. Google, which holds a minority stake in TeraWulf, is expected to play a crucial role in securing favorable terms for the financing, with the deal potentially launching in October.

Financing Plan and Role of Google

TeraWulf has been working to increase its mining capabilities and infrastructure, and the $3 billion in debt will aid in expanding its operations. The financing deal is being managed by Morgan Stanley and will be supported by Google, which holds a 14% stake in the firm. TeraWulf’s CFO, Patrick Fleury, confirmed to Bloomberg that the deal’s terms are still being finalized, but they expect the financing to start as early as next month.

Google’s backing is seen as a key factor in securing better terms for the financing. The company’s involvement is expected to positively impact TeraWulf’s debt rating, given Google’s substantial influence in the technology and infrastructure sectors. The partnership between TeraWulf and Google aligns with broader trends in the industry, such as recent AI-infrastructure financings like CoreWeave’s debt offering in July.

Expansion of Lake Mariner Campus

The funds raised from this debt financing will be used primarily for expanding TeraWulf’s Lake Mariner campus located in New York. The campus is central to TeraWulf’s operations, hosting part of the infrastructure used for its Bitcoin mining efforts.

The additional capital will enable TeraWulf to enhance its data center capacity, which is crucial as the company looks to scale its operations and meet increasing demand in the cryptocurrency market.

btcrepublic advertise 2

This campus expansion is part of TeraWulf’s broader strategy to strengthen its position in the cryptocurrency mining industry. The increased capacity will likely help the company keep up with rising energy and computational demands while also improving the efficiency of its operations.

Google’s Stake and the AI Compute Deal

Google’s involvement with TeraWulf extends beyond the current debt financing deal. In August, the company secured an 8% stake in TeraWulf as part of a larger $3.7 billion, 10-year AI compute deal with FluidStack.

The deal involves leasing AI compute capacity, with the potential for further expansions. Just days later, a 160 MW expansion option brought an additional $1.4 billion in financing support, increasing Google’s backing to about $3.2 billion. This expanded commitment has increased Google’s pro forma stake to approximately 14%.

This series of agreements reflects the growing intersection between cryptocurrency mining and AI infrastructure. The partnership between TeraWulf and Google is part of a larger trend in the industry where tech firms are making significant investments in compute infrastructure for both mining and AI operations.

Comparable Deal with Cipher

TeraWulf is not the only Bitcoin mining company entering into partnerships supported by Google. Just this week, Cipher, another Bitcoin miner, signed a similar deal with FluidStack, also backed by Google. The deal is worth $3 billion for its initial term and could rise to $7 billion with optional extensions. Additionally, Cipher has proposed a $1.1 billion offering of convertible senior notes, maturing in 2031.

Google is expected to take a 5.4% stake in Cipher as part of this agreement, further cementing its role in the growing intersection of cryptocurrency mining and AI infrastructure. Like TeraWulf, Cipher is aiming to expand its operations and meet the increasing demand for high-performance computing power.

Both TeraWulf and Cipher’s recent moves demonstrate a trend of major tech companies like Google influencing the future of both cryptocurrency mining and AI technologies through strategic investments and partnerships.

TeraWulf’s capital raise, which is largely being managed through the issuance of debt, is expected to take place in October and include high-yield bonds and leveraged loans.

The move by TeraWulf comes as the A.I. industry explodes and the demand for data centre space, microchips, and electricity rises sharply.

Crypto miners such as TeraWulf have partnered with mega-cap technology companies such as Alphabet in the current A.I. race.

Crypto miners already control power-intensive infrastructure that can be repurposed for A.I. workloads. This is essentially the deal between TeraWulf and Alphabet.

Other crypto firms that are pushing into the A.I. data center space include Cipher Mining, which has struck a $1.4 billion U.S. agreement with Alphabet.

WULF stock is up 98% this year and trading at $10.83 U.S. per share. Alphabet’s stock has risen 30% year-to-date to trade at $246.54 U.S. per share.

Smart Crypto Trader Makes $4.5M In 5 Hours From $1.5M Investment In Simon’s Cat (CAT)
French Authorities Arrested Telegram Co-Founder Pavel Durov Over Content Censorship Failures
Ethena Labs and Pendle Now Live on Avalanche: Earn AVAX Rewards
Apple’s Game-Changer: Crypto Payments Now Possible with ‘Tap to Pay’ on iPhones!
Ripple Aims to Make XRP Ledger Programmable by 2025
TAGGED:Crypto MinerDataTerawulf

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share This Article
Facebook Email Print
ByOladapo Timothy
Follow:
An expert, trader and writer with extensive experience of digital assets, covering everything related to the burgeoning crypto industry — from price analysis to Blockchain disruption. I have authored more than 2,000 stories for crypto and fintech media outlets. I am particularly interested in regulatory trends around the globe that are shaping the future of digital assets.
Previous Article BTCRepublic Market Pulse For This Week BTCRepublic Market Pulse For This Week
Leave a Comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Popular
The Hottest Picks
Crypto InvestmentNews
BTCRepublic Market Pulse For This Week
September 27, 2025
Memecoin NewsNews
Dogecoin Price Prediction 2025, 2026 – 2030: Will DOGE Reach 1 Dollar?
September 27, 2025
Blockchain NewsNews
Are Layer-3 Networks The Missing Link In Blockchain Infrastructure?
September 26, 2025
Crypto RegulationsNews
VanEck Meets SEC Crypto Task Force – Tokenization, DeFi, and More
September 26, 2025
- Advertisement -
Ad imageAd image

Follow Us on Socials

BTCRepublic use social media to react to hot news, update supporters and share authentic and factful information

Facebook Twitter Linkedin Telegram Pinterest
Footer Text white background

Subscribe to our newsletter

Stay ahead of the curve with the BTCRepublic newsletter. By subscribing, you will get information about what is happening in the Web3 world straight to your inbox.

More

  • About US
  • Privacy Policy
  • Editorial Policy
  • Terms of Service
  • Disclaimer
  • Contact Us
  • Sitemap
Reading: Crypto Miner TeraWulf Raises $3 Billion To Expand Data Centres
Share
© 2025 All Rights Reserved by BTCRepublic