đ TeraWulf Soars 22% After Landing $3.7B AI Hosting MegadealâGoogle Snags 8% Stake
Wall Street wakes up to caffeine-free volatility as TeraWulfâs stock rockets on AI hype.
The Deal That Shook the Market
Mining firm turned AI landlord TeraWulf just bagged a $3.7 billion whaleâwith Google coughing up an 8% equity slice like itâs 2021 all over again. Cue the institutional FOMO.
Why This Matters
When tech giants start throwing billions at bitcoin miners for their power infrastructure, you know the AI gold rush just entered its âpickaxes and shovelsâ phase. Next stop: âgenerative AIâ earnings calls from toothpick manufacturers.
The Cynical Take
Another day, another âstrategic partnershipâ where everyone gets rich except retail investors who FOMO in at the top. At least the SEC canât blame this pump on a crypto influencerâs tweet.
