Alphabet has extended the financial backstop related to the expansion of the Lake Mariner data center campus to about 3.2 billion dollars
Alphabet has extended the financial backstop related to the expansion of the Lake Mariner data center campus to about 3.2 billion dollars and, in return, has obtained warrants on TeraWulf shares which, if exercised, would bring the potential stake to around 14%.
The announcement was officially published on August 18, 2025, in the TeraWulf company press release and reported by the national financial press. TeraWulf Investor Relations and market coverage on CNBC confirm the key terms. In this context, the setting remains clearly financial and not operational.
According to data collected from the research office and official communications, the additional tranche of about 1.4 billion dollars was formalized on August 18, 2025. Industry analysts note that the combination of backstop and warrants is a recurring solution for big tech companies
We współpracy z: https://en.cryptonomist.ch/2025/08/26/alphabet-pushes-on-mining-3-2-billion-for-a-data-center/
