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TeraWulf's $1.3B Data Center Project Boosts Revenue Outlook

10/31/2025

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Summary

Story summary

TeraWulf Inc. and Fluidstack will develop a 168 MW data center in Abernathy, Texas, with TeraWulf owning 51%.
Google has committed $1.3 billion to the project, which is projected to generate $9.5 billion in revenue over 25 years.
Analysts rate TeraWulf as a Strong Buy with a $16.35 price target.
TeraWulf reported Q3 2025 revenue of $42 million, up 84% year over year, and targets $48–$52 million for Q4.

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Story summary

TeraWulf Inc. and Fluidstack will develop a 168 MW data center in Abernathy, Texas, with TeraWulf owning 51%.
Google has committed $1.3 billion to the project, which is projected to generate $9.5 billion in revenue over 25 years.
Analysts rate TeraWulf as a Strong Buy with a $16.35 price target.
TeraWulf reported Q3 2025 revenue of $42 million, up 84% year over year, and targets $48–$52 million for Q4.