Bitcoin

Google backs Bitcoin miner TeraWulf’s $1.8B AI project

TeraWulf, a prominent Bitcoin miner, has secured a strategic partnership with Google as part of its high-performance computing (HPC) co-location agreements with Fluidstack. According to an Aug. 14 statement, the search engine giant will backstop $1.8 billion of Fluidstack’s lease obligations, providing critical support for project-related debt financing. The arrangement grants Google a warrant to […]
The post Google backs Bitcoin miner TeraWulf’s $1.8B AI project appeared first on CryptoSlate.
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Cryptocurrency
14 Aug 2025

Bitcoin’s 5% flash crash to $118k triggers $577 million liquidation in 1 hour

Bitcoin’s price experienced a sharp pullback on Aug. 14, dropping below $120,000 less than a day after reaching a new all-time high above $124,000. According to CryptoSlate data, BTC fell to $118,479 at press time, marking a 2.07% decline on the 1-hour candle and 5% from its 24-hour peak. The sudden dip rippled across the […]
The post Bitcoin’s 5% flash crash to $118k triggers $577 million liquidation in 1 hour appeared first on CryptoSlate.
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Cryptocurrency
14 Aug 2025

Strategy and El Salvador saw massive gains as Bitcoin hit new peak

Strategy (formerly MicroStrategy) and El Salvador showcased huge paper gains from their Bitcoin holdings after the flagship crypto surged to a new all-time high above $124,000. Strategy’s Bitcoin holdings reach ATH On Aug. 13, Strategy Chairman Michael Saylor announced that the company’s Bitcoin portfolio had reached a record high of $77.2 billion. This nearly doubles […]
The post Strategy and El Salvador saw massive gains as Bitcoin hit new peak appeared first on CryptoSlate.
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Cryptocurrency
14 Aug 2025