According to Wu, TeraWulf, a Bitcoin mining company, plans to raise about $3 billion under the arrangement of Morgan Stanley to expand its data centers, with financing structure backed by Google, expected to start as early as October. The report pointed out that Google has raised the backing amount to $3.2 billion and increased its equity in TeraWulf to about 14%. At the same time, the mining company Cipher Mining has also reached a partnership with Google and Fluidstack, with Google providing $1.4 billion in support and taking equity.

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