Google Lifts Stake to 14%, TeraWulf Stock Surges Over 71%

A Nasdaq-listed Bitcoin miner, TeraWulf Inc.’s stock marked an uptick of 4.57% in its last trading session, reaching $9.38, and in the past 5 days, it added $3.93 to its trading prices. The positivity in the trading prices seems to be backed by Google’s recent boost in stakes.

Other than its stock price movement, TeraWulf Inc.’s market cap has mirrored a tight bullishness, and as of writing, it was $3.67 billion, which was $2.4 billion in January 2025, and later it was below $1.00 billion in April. It was valued at $0.9 billion on April 19, 2025

According to the press release of TeraWulf dated August 18, 2025, Google has boosted its stake in the BTC miner and data centre company to 14% from 8%, securing warrants to purchase 32.5million shares

With this development, TeraWulf has secured a new backstop funding of $1.4 billion for its CB-5 data centre at Lake Mariner, New York. This has boosted Google’s backstop to $3.2 billion

A detailed overview of TeraWulf stock prices

According to the data from TradingView, with the back-to-back surge, TeraWulf stock has succeeded in surpassing its 20-day, 50-day, 100-day, and 200-day exponential moving averages, yet in the press time press market, it seems to be opening 1.17% below the last closing prices

Source: TradingView

The volume began growing in late May 2025, which helped the prices form higher lows, and similar movement in the stock prices was noted, but since the beginning of August 2025, it seems to have changed gears and was seen trading very close to $10.00.

It is worth noting that the market capitalization of TeraWulf was $2.13 billion by 2024 end and has recently touched $3.70 billion, marking a clear spike of 75%. TeraWulf stock seems to be approaching its annual price target of $11.67, and experts argue that its involvement in data centres and Bitcoin mining is expected to help it reach $15.00

However, despite these bullish signs, the company reported $34.41 million in revenue in Q1, 2025, with a net income of negative $61.42 million and a net margin was negative 178.51%, yet in the revenue in Q2 was $47.64 million with a net income of negative 18.37 million and net margin of negative $38.56%

TeraWulf Inc. has 289.67 million shares that are free floating, and around 102.26 million shares are closely held; per Nasdaq(dot)com, major institutional shareholders of TeraWulf are BlackRock Inc., Vanguard Group, Morgan Stanley, and State Street Corp

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