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

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 investors expected to resist CoreWeave’s merger bid

Core Scientific shareholders are reportedly pushing back against CoreWeave’s terms in its proposed acquisition of the company. They argued that the $9 billion deal undervalues the company and would ... Read More

Core Scientific's Shareholders Balk at Terms of CoreWeave Merger Offer, FT Reports

(Reuters) -CoreWeave's proposed $9 billion acquisition of data centre landlord Core Scientific is facing potential revolt, as some top shareholders of the target firm argue the deal may leave them ... Read More

Why CoreWeave And Core Scientific Are Better Apart

Core Scientific, Inc.'s transition to high-performance computing, or HPC, offers growth potential, but Bitcoin remains its main revenue driver and risk for now. CoreWeave, Inc.'s acquisition bid ... Read More

Galaxy secures $1.4B loan to fast-track Texas Helios AI datacenter

Galaxy Digital secured $1.4 billion to expand its Texas Helios AI data center, expecting $1 billion in annual revenue from a 15-year CoreWeave partnership. Mike Novogratz’s Galaxy Digital closed a ... Read More

Core Scientific’s largest shareholder to vote against CoreWeave buyout offer

Two Seas Capital, Core Scientific’s largest shareholder, will vote against CoreWeave’s $9B buyout, calling it undervalued and risky for investors. Two Seas Capital, the largest active shareholder of ... Read More