CoreWeave to acquire Core Scientific in $9 billion all-stock deal

If the deal closes, CoreWeave won’t have to pay rent to Core Scientific, a longtime partner, on several data center sites. Read More

CoreWeave is acquiring Core Scientific in a $9B all-stock deal

CoreWeave has announced the acquisition of large provider of purpose-built digital infrastructure, Core Scientific, in a $9B all-stock deal. The deal follows CoreWeave’s rapid rise as a leader in AI ... Read More

Core Scientific moves for September bankruptcy exit, expects $46M boost - Cointelegraph

Bankrupt Bitcoin (BTC) miner Core Scientific could finalize its Chapter 11 restructuring plan by September after an improvement in its liquidity position prompted it to create a revised plan. Read More

CoreWeave to buy Core Scientific in $9 billion deal to meet AI power needs

CoreWeave will buy crypto miner Core Scientific in an all-stock deal valued at about $9 billion, it said on Monday, as AI infrastructure firms race to secure the energy and data center capacity needed ... Read More

Crypto Miner Core Scientific to Exit Bankruptcy - Financial Post

Judge Christopher Lopez said Tuesday he’d confirm Core Scientific’s Chapter 11 exit plan, a decision that clears the firm to emerge from bankruptcy later this month. Core Scientific said during a ... Read More

Crypto miner Core Scientific to exit bankruptcy - Digital Transformation News - The Financial Express

The bankruptcy is Core Scientific Inc., 22-90341, U.S. Bankruptcy Court for the Southern District of Texas (Houston). Follow us on Twitter , Facebook , LinkedIn TOPICS ... Read More

Core Scientific Analyst Emphasizes 'Access To Power' In Bitcoin Mining Assets - Deal With CoreWeave Under Focus - MSN

In what has now been extended, CoreWeave will lease 270 MW from Core Scientific for 12 years, and pay the company a total of $4.725 billion over that duration, amounting to ~$1.45 million per MW. Read More

Core Scientific files for bankruptcy as crypto winter bites

Core Scientific said in court filings that it had suffered a net loss of $434.8 million for the three months ending September 30, 2022, and had just $4 million in liquidity at the time of its ... Read More

Core Scientific may consider bankruptcy following uncertain financial condition: Report - Cointelegraph

Core Scientific claimed in an Oct. 19 court filing that Celsius owed the firm more than $2.1 million for post-petition charges and that it would continue to lose roughly $53,000 daily until its ... Read More

Core Scientific Hopes to Emerge from Bankruptcy by September, Lawyers Say - Yahoo Finance

Core Scientific should “trim” its restructuring timeline by “at least [one] month,” the federal judge overseeing the crypto miner's bankruptcy said during a Monday hearing as creditors ... Read More

Core Scientific Hopes to Emerge from Bankruptcy by September, Lawyers Say | Currency News | Financial and Business News - Markets Insider

Core Scientific should “trim” its restructuring timeline by “at least [one] month,” the federal judge overseeing its bankruptcy said during a Monday hearing as creditors called for the ... Read More

Core Scientific moves for September bankruptcy exit, expects $46M boost By Cointelegraph - Investing.com

Core Scientific moves for September bankruptcy exit, expects $46M boost ... Read More