Google Bets Big on Bitcoin: Snags 8% of Miner TeraWulf in $3.7B Power Play

Tech giant Google just plunged into the crypto mining game—and it’s not dipping a toe. The search behemoth dropped $3.7 billion for an 8% stake in TeraWulf, one of Bitcoin’s most aggressive miners. Cue the Wall Street eye-rolls about "diversification."

Why This Matters

Google’s move isn’t just about hedging against ad revenue dips. It’s a full-throttle bet on Bitcoin’s infrastructure—and a middle finger to skeptics who called mining a 'dying industry.' TeraWulf’s energy-efficient rigs apparently caught Google’s algo-driven attention.

The Bigger Picture

With regulators breathing down crypto’s neck, Big Tech’s stamp of approval could legitimize mining faster than a Senate hearing. Or it’s just another corporate treasury gamble—because what’s $3.7B between friends when you’re sitting on $200B in cash?

Bottom line: When Google buys the pickaxes, the gold rush just got real. Or at least, real expensive.