Core Scientific

Core Scientific

Markets

CoreWeave Has No Plans to Boost Price in Core Scientific Takeover Battle

The company calls its offer for CORZ “best and final” as it counters hedge fund criticism and urges investors to back the deal.

Racks of mining machines.

Markets

CoreWeave Stock Surges on $14.2B Meta AI Deal, Core Scientific Merger Looms

CoreWeave secures $14.2 billion dollar Meta contract, draws bullish analyst coverage, and awaits Core Scientific merger vote.

CRWV Share Price (TradingView)

Markets

Core Scientific Faces Valuation Disconnect; PT Hiked to $22: Jefferies

The bank reiterated its buy rating on CORZ and raised its price target for the bitcoin miner to $22 from $16 to reflect the CoreWeave acquisition.

Celsius and Core Scientific hope to raise millions via mining rig vouchers (alvarez/Getty Images)

Finance

Bitcoin Miner Core Scientific’s Third Largest Shareholder Opposes CoreWeave Deal

Two Seas Capital has come out against Core Scientific's proposed all-stock acquisition by AI cloud provider CoreWeave.

Core Scientific facility in North Carolina. (Core Scientific)

Markets

Core Scientific Sale Sets Floor Price for Bitcoin Miners: JPMorgan

The deal, however, appears to be a "one-off," and unlikely to be replicated.

JPMorgan building (Shutterstock)

Markets

Core Scientific Cut to Neutral as CoreWeave Deal Adds Complexity: H.C. Wainwright

The firm's analysts expect shareholder approval for the transaction, with no indication of delays to the closing timeline.

Bitcoin miners (Shutterstock)

Markets

CoreWeave’s All-Stock Bid for Core Scientific Likely to Draw Shareholder Scrutiny: KBW

Deal valued at $20.40/share marks second acquisition attempt; KBW sees limited upside for Core Scientific shareholders.

Celsius and Core Scientific hope to raise millions via mining rig vouchers (alvarez/Getty Images)

Markets

Core Scientific, Bitcoin Miners Tumble on CoreWeave Buyout; Jefferies Says Price in Expected Range

The deal aligns with CoreWeave's post-IPO growth strategy, leveraging its strong equity position to drive large-scale M&A, according to the investment bank.

Core Scientific's mining facility in Calvert City, Ky. (CoinDesk archives)

Markets

CoreWeave to Acquire Core Scientific in $9B All-Stock Deal

The deal values Core Scientific shares at $20.40, a 66% premium to its price late last month, with each Core Scientific share being swapped for 0.1235 CoreWeave shares.

Business deal handshake (Radission US/Unsplash/Modified by CoinDesk)

Markets

Core Scientific Soars 25% as WSJ Reports Buyout Talks With CoreWeave

A number of bitcoin miner shares are moving higher on the news.

Máquinas de minería de bitcoin (Shutterstock)