Coreweave


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)

Markets

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.

(Kanchara/Unsplash)

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)

Markets

CoreWeave Stock Soars on $7B Data Center Deal With Applied Digital

Surging AI demand drives 276% YTD rally as CoreWeave secures major infrastructure capacity for HPC expansion.

cloud servers (CoinDesk archives)

Markets

The Bull Case for Galaxy Digital Is AI Data Centers Not Bitcoin Mining, Research Firm Says

Rittenhouse Research, a new firm covering fintech, AI, and crypto, is giving GLXY a strong buy rating because of its BTC mining to AI transition

Mike Novogratz, Galaxy founder and CEO, speaks at Consensus 2024

Markets

Galaxy Digital Deepens AI and HPC Pivot With Expanded CoreWeave Deal, Shares Surge

Galaxy shares surged 8% and are now 60% higher than their April lows.

Mike Novogratz, Galaxy founder and CEO, speaks at Consensus 2024

Markets

OpenAI’s $40B Raise Calms Market Jitters, Sends CoreWeave and AI Tokens Higher

AI tokens, including NEAR, ICP, TAO and RENDER rose on Tuesday after OpenAI announced the closing of its record-breaking private funding round the day prior.

Cloud Based Artificial Intelligence Computing Company CoreWeave Has IPO On Nasdaq Exchange. (Michael M. Santiago/Getty Images)

Markets

CoreWeave Stock Debuts at $39 After Selling Shares for $40 A Piece

Shares of the company debuted on Nasdaq on Friday under the ticker CRWV.

Cloud Based Artificial Intelligence Computing Company CoreWeave Has IPO On Nasdaq Exchange. (Michael M. Santiago/Getty Images)