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CoreWeave says it has agreed to acquire bitcoin miner Core Scientific in a ~$9B all-stock deal, set to close in Q4 2025, to expand its AI data center capacity (Dana Wollman/Bloomberg) from Techmeme RSS feed.
CoreWeave says it has agreed to acquire bitcoin miner Core Scientific in a ~$9B all-stock deal, set to close in Q4 2025, to expand its AI data center capacity (Dana Wollman/Bloomberg)
Dana Wollman / Bloomberg:
CoreWeave says it has agreed to acquire bitcoin miner Core Scientific in a ~$9B all-stock deal, set to close in Q4 2025, to expand its AI data center capacity — The transaction values Core Scientific's stock at $20.40 per share, according to a statement from CoreWeave on Monday.