Ed Engel's questions to Terawulf Inc (WULF) leadership • Q2 2025
Question
Ed Engel inquired about the timeline of Google's involvement in the FluidStack negotiations, whether Google has expressed interest in other sites, the nature of early termination protections, and if the 30-day option includes more warrants for Google.
Answer
CEO Paul Prager confirmed Google was involved 'from very early on' and was critical to the deal's financing. He also stated he expects the option for more capacity would include similar terms, including Google's equity participation. CTO Nazar Khan added that the lease contains 'usual SLAs' for performance and delivery, similar to the Core42 agreement.