TeraWulf - CFO Patrick Fleury Q&A - Fluidstack & Google Deal, Details & Strategy!

Terawulf CFO Patrick Fleury discusses the company's massive $6.7 billion FluidStack-Google deal and how it transforms their business from Bitcoin mining to high-power computing infrastructure. We explore the innovative financing structure, timeline for execution, and how Google's 14% equity stake and $3.2 billion lease backstop creates significant shareholder value.• $6.7 billion, 10-year deal with FluidStack and Google with additional options potentially worth another $9 billion• Google backstopping approximately $3.2 billion of lease obligations while taking a 14% equity stake• Core42 assets are on track with Wolf Den and CB1 already online, CB2 coming in Q4 2023• FluidStack-Google capacity will come online in phases from first half 2024 through early 2027• Combined projects expected to generate approximately $780 million in annual revenue• Innovative financing structure potentially saves $1.5 billion in interest expenses over 10 years• $1 billion convertible note offering completed with no dilution until share price exceeds $18• Bitcoin mining operations expected to continue for 2-3 more years, funding SG&A while compute business ramps up• Management projects $600 million in annual EBITDA once fully operational• Terawulf's approach of "walk before run" proved crucial in winning hyperscaler businessTake a second to hit the like button, and let us know in the comments if you're currently holding shares of Terawulf and if you consider yourself a member of the $WULFpack.Sign Up for Our Free Weekly Newsletter: https://www.powermininganalysis.com/newsletterAnthonys Info:Website:https://www.powermininganalysis.comX: https://twitter.com/cazenove_ukPatreon:https://www.patreon.com/Cazenove_UKBryce's Info:X:https://twitter.com/McnallieMPatreon:https://www.patreon.com/McNallieMoneyMerch:https://shop.mcnalliemoney.com/Website:https://www.mcnalliemoney.comBusiness Inquiries:Email - [email protected]