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House Preps For Crypto Week; Core Scientific Tumbles; Bit Digital Ditches Bitcoin

Crypto stocks were highly active Monday. Shares of Core Scientific tumbled after the bitcoin miner closed an acquisition deal with CoreWeave. Cryptocurrency peers Bit Digital and IREN continued recent ... Read More
CoreWeave acquires data center provider Core Scientific in $9B stock deal

CoreWeave announced Monday that it signed a $9 billion all-stock deal to acquire Core Scientific, a data center infrastructure provider. As a result of the deal, CoreWeave says it will gain access to ... Read More
Bitcoin Miner Core Scientific’s Third Largest Shareholder Opposes CoreWeave Deal

Two Seas Capital, the third largest shareholder in Core Scientific (CORZ) with a 6.3% stake, has come out against the bitcoin miner’s proposed all-stock acquisition by AI cloud provider CoreWeave ... Read More
Core Scientific, Bitcoin Miners Tumble on CoreWeave Buyout; Jefferies Says Price in Expected Range

AI infrastructure firm CoreWeave (CRWV) has agreed to buy bitcoin BTC $114,467.76 miner Core Scientific (CORZ) in an all-stock deal valuing CORZ at approximately $20.40 per share, based on recent ... Read More
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