Coreweave
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.
Galaxy Secures $1.4B to Expand Helios Data Center for AI and HPC
The firm, led by Mike Novogratz, projected its deal with AI cloud firm CoreWeave could generate $1 billion in annual revenue over 15 years.
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 Sale Sets Floor Price for Bitcoin Miners: JPMorgan
The deal, however, appears to be a "one-off," and unlikely to be replicated.
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.
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.
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.
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.
Core Scientific Could Top $30 on CoreWeave Buyout Deal: Cantor Fitzgerald
A new Cantor Fitzgerald report argues that bitcoin miner Core Scientific is worth far more than the markets believe thanks to its strategic role in powering AI.
