Bitcoin mining company TeraWulf plans to raise approximately $3 billion to expand its data centers, with Morgan Stanley facilitating the arrangement. The financing structure is backed by Google, which has increased its guarantee to $3.2 billion and raised its equity stake in TeraWulf to about 14%. The fundraising is expected to commence as early as October. Simultaneously, Cipher Mining has entered into a partnership with Google and Fluidstack. Google will provide $1.4 billion in support and acquire a stake in Cipher Mining, further solidifying its involvement in the cryptocurrency mining sector.