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Crypto Miner TeraWulf Secures $3B Google-Backed Debt Deal for Massive Data Center Expansion

Crypto Miner TeraWulf Secures $3B Google-Backed Debt Deal for Massive Data Center Expansion

Author:
Coindesk
Published:
2025-09-27 15:29:17
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Crypto Miner TeraWulf to Raise $3B in Google-Backed Debt Deal to Expand Data Centers

TeraWulf just pulled off the mining industry's power play of the year—and they've got Silicon Valley's biggest player backing their bet.

Google Steps In as Crypto's New Banker

The search giant is putting serious weight behind Bitcoin's infrastructure future. This isn't some experimental partnership—it's a full-throated endorsement of proof-of-work's staying power. TeraWulf gets $3 billion in debt financing to supercharge their mining operations while Google gets a front-row seat to the energy revolution.

Data Centers That Eat Grids for Breakfast

We're talking about expansion on an industrial scale. These facilities won't just mine Bitcoin—they'll redefine what's possible in computational density. The deal signals that institutional money sees mining profitability stretching years into the future, despite what traditional finance skeptics claim about energy consumption.

The timing couldn't be more provocative. While Wall Street analysts still write think pieces about crypto's environmental impact, Google's checkbook just validated the entire mining sector. Maybe those suits should worry less about carbon footprints and more about being left behind.

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