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Core Scientific, Bitcoin

CoreWeave’s $9 billion acquisition of Core Scientific provides an AI road map for struggling Bitcoin miners

Now, CoreWeave has helped another crypto mining operation fully pivot. On Monday, the company announced its plans to acquire Core Scientific, a publicly traded Bitcoin miner. The acquisition, which CoreWeave said is expected to close in the fourth quarter, was an all-stock deal for about $9 billion.

Yahoo Finance Canada · 2d

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 Magazine · 2d

CoreWeave Acquires Bitcoin Mining Company Core Scientific for $9 Billion

The all-stock deal gives CoreWeave control of 1.3 GW of data center capacity, marking a shift from Bitcoin to AI infrastructure.

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Core Scientific Emerges as Key Player in AI and BTC Mining - MSN

Simultaneously, Core Scientific has built a formidable presence in the field of Bitcoin mining. Through robust investments and commitment to sustainability, it has emerged as a leading figure in ...

The Currency Analytics4d

Bitcoin Miners Cut June Output Amid Texas Heat and Power Cuts

As Texas battled extreme heat and power cuts, most Bitcoin miners saw their production plummet in June—except for one company ...

13d

Core Scientific shares soar as CoreWeave revives buyout talks

CoreWeave is reportedly revisiting a takeover of Core Scientific, following a rejected $1 billion offer last year. The ...

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Bitcoin Mining Milestone: Block Inc, Core Scientific Secure Landmark Chip Deal - MSN

In a huge move for the Bitcoin (CRYPTO: BTC) mining industry, Block Inc. (NYSE:SQ), spearheaded by Jack Dorsey, has sealed its first sale of cutting-edge three-nanometer (3nm) mining chips to ...

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