CoreWeave's $9B Core Scientific acquisition is a bid for more power

All the GPUs in the world aren't worth much if you don't have a place to put them CoreWeave just added 1.3 gigawatts of datacenter capacity to its rent-a-GPU scheme with the $9 billion acquisition of ... Read More

AI Company CoreWeave Will Buy Bitcoin Mining Giant Core Scientific for $9 Billion

Bitcoin mining company Core Scientific has revealed that AI infrastructure firm CoreWeave will acquire it in an all-stock transaction for $9 billion. Read More

CoreWeave, Core Scientific shares fall after firms confirm $9 billion deal: CNBC Crypto World

On today's episode of CNBC Crypto World, major cryptocurrencies trade lower along with stocks as traders weigh the latest developments on the trade front. Plus, AI hyperscaler CoreWeave confirms it ... Read More

DFW crypto mine to get $6B makeover | wfaa.com

Three years after Core Scientific Inc. established what it called the first Bitcoin mining facility in Texas in Denton, the company is now converting the site into a data center to support ... Read More

CoreWeave’s Core Scientific acquisition sparks analyst doubts as stock dips

CoreWeave’s $9 billion all-stock deal to acquire Core Scientific sent shares lower as analysts raised concerns over profitability and lingering crypto market volatility. Read More

A Bitcoin Miner Promised To Help A Texas Town. It Went Bankrupt Instead. Now, It’s Pivoting To AI - Forbes

Core Scientific went bankrupt after selling the city of Denton, Texas on a local crypto mine that doubled its energy footprint. Now, emerging from bankruptcy, the company has convinced the city to ... Read More

What’s up with crypto mining in Denton? Core Scientific, now out of bankruptcy, looks to local facility for success

In January, Core Scientific, one of the largest publicly traded bitcoin miners in North America, announced that the U.S. Bankruptcy Court for the Southern District of Texas had approved the ... Read More

Core Scientific to Convert Bitcoin Mining Site to Data Center - The Real Deal

Core Scientific is moving forward with plans to convert its Bitcoin mining operation in Denton into a $4 billion data center project. The Austin-based tech company secured city council approval ... Read More

Core Scientific, Inc. and Celsius Mining LLC Enter into Purchase Agreement for Core Scientific’s Texas Data Center Site, Agree to Settle All Existing Litigation - Business Wire

Core Scientific and Celsius Mining LLC Enter into Purchase Agreement for Core Scientific’s Texas Data Center, Agree to Settle All Existing Litigation ... Read More

Core Scientific returns to Nasdaq as Wall Street shows renewed love for bitcoin mining - NBC 7 San Diego

As recently as 2021, Core was one of the largest publicly traded crypto mining firms in the U.S., hitting the market in July of that year via a special purpose acquisition company in a deal that ... Read More

Bitcoin mining firm Core Scientific mined $812M worth of BTC in 2023 - Cointelegraph

Core Scientific became North America’s largest publicly listed crypto mining company in 2023 after mining 19,274 Bitcoin worth $812 million. In an X post on Jan. 31, the Bitcoin (BTC) mining ... Read More

Inside two mining operations turning Texas power into crypto profits - Dallas News

Fort Worth-based 360 Mining, an oil and gas company that also mines bitcoin, and Austin-based cryptocurrency tech giant Core Scientific gave The Dallas Morning News tours of their North Texas ... Read More