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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
AI, Mining News: GPU Gold Rush: Why Bitcoin Miners Are Powering AI’s Expansion
Bitcoin mining firms are transforming their energy-hungry facilities into AI data centers, chasing stable contracts and higher returns as crypto profitability wanes. Read More
Core Scientific's Largest Active Shareholder to Vote Against CoreWeave Acquisition
Two Seas Capital opposes CoreWeave's proposed acquisition of Core Scientific, citing valuation and deal structure concerns. The deal's all-stock nature raises broader questions about shareholder ... Read More
CoreWeave Stock Drops. Why That Puts Its Core Scientific Deal at Risk.
Jefferies analyst Jonathan Peterson put Core Scientific’s potential acquisition value at between $16 and $23 a share. He noted that an exchange ratio of between 0.16 and 0.20 CoreWeave shares for each ... Read More
Core Scientific's largest shareholder to vote against sale to CoreWeave
(Reuters) -Two Seas Capital, the largest shareholder of Core Scientific, issued an open letter on Thursday saying it would vote against the company's proposed sale to CoreWeave, in a potential blow to ... Read More
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