TeraWulf Shares Surge Over 28% on 10-Year AI Hosting Deals with Fluidstack

TeraWulf’s share price jumped over 28% to $6.97 after announcing two 10-year AI hosting agreements with Fluidstack, projected to generate $3.7 billion in revenue in the first decade, potentially reaching $8.7 billion with extensions. Google is backing Fluidstack’s $1.8 billion leasing obligation, securing about 41 million share warrants for an 8% stake. Google will also introduce new Google Play compliance rules for crypto exchanges and custodial wallets in certain jurisdictions starting October 29, 2025, exempting non-custodial wallets, and is reportedly in early discussions to integrate stablecoins for payments.

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