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TeraWulf Inc Announces Major Datacenter Lease Agreements

Story Highlights
  • TeraWulf’s subsidiary Akela signed leases with Fluidstack for over 200 MW at Lake Mariner.
  • The agreements could generate $3.7 billion over 10 years, with Google backing $1.8 billion.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
TeraWulf Inc Announces Major Datacenter Lease Agreements

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TeraWulf Inc ( (WULF) ) has shared an update.

On August 13, 2025, TeraWulf Inc. announced that its subsidiary Akela Data LLC entered into two datacenter lease agreements with Fluidstack USA I Inc. at the Lake Mariner data center campus in New York, providing over 200 megawatts for high-performance computing operations. The agreements, backed by Google, are expected to generate approximately $3.7 billion in revenue over 10 years, with potential extensions increasing this to $8.7 billion. Google will backstop $1.8 billion of Fluidstack’s lease obligations and receive an 8% equity stake in TeraWulf, aligning the company with a major AI partner and enhancing its strategic expansion into high-performance computing.

The most recent analyst rating on (WULF) stock is a Buy with a $7.50 price target. To see the full list of analyst forecasts on TeraWulf Inc stock, see the WULF Stock Forecast page.

Spark’s Take on WULF Stock

According to Spark, TipRanks’ AI Analyst, WULF is a Neutral.

TeraWulf Inc.’s overall stock score reflects significant financial challenges, including inconsistent revenue growth and high leverage. While technical indicators and recent corporate events provide some positive signals, the negative valuation and financial performance weigh heavily on the score. The company’s strategic expansion efforts and operational progress offer potential for future improvement, but current financial metrics remain a concern.

To see Spark’s full report on WULF stock, click here.

More about TeraWulf Inc

TeraWulf Inc. develops, owns, and operates environmentally sustainable, industrial-scale data center infrastructure in the United States, focusing on high-performance computing (HPC) hosting and bitcoin mining. The company is led by experienced energy infrastructure entrepreneurs and aims to lead the market in large-scale digital infrastructure by serving its own compute requirements and those of top-tier HPC clients.

Average Trading Volume: 46,543,483

Technical Sentiment Signal: Buy

Current Market Cap: $2.05B

See more insights into WULF stock on TipRanks’ Stock Analysis page.

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