Ai Cloud Platform Fluidstack has exercised its option to expand in Terawulf’s (Wulf) Lake Mariner Data Center Campus in the West of New York.
The expansion adds CB-5, a new special data center building that provides 160 MW incremental Critical load of IT, and operations are expected to begin in the second half of 2026, according to a press release from Monday morning.
Next to Google (Goog) It is adding $ 1.4 billion to its support that supports the financing of the project debt. In return, Google is receiving arrest orders for 32.5 million Wulf shares. Google’s total backstop now totals $ 3.2 billion and its pro -form capital property has increased to 14%.
“This expansion underlines the scale and unmatched capabilities of the Mariner Lake Campus,” said Paul Prager, CEO of Terawulf. “By adding CB-5, we are not only increasing our contracted capacity with fluidstack, but also further deepening our strategic alignment with Google as a critical financial partner in the delivery of the next generation of AI infrastructure.”
Wulf is higher by 10% Premarket and now has almost doubled the price since Fluidstack/Google News was announced for the first time at the end of last week.
