Bitcoin Miner Core Scientific Acquired by CoreWeave in $9B All-Stock Deal

CoreWeave has agreed to acquire Texas-based Bitcoin miner Core Scientific in an all-stock deal worth approximately $9 billion. The transaction, announced on Monday, is aimed at expanding CoreWeave’s AI infrastructure capabilities and securing access to over 1.2 gigawatts of data center power across the United States. Core Scientific shareholders will receive 0.1235 of CoreWeave’s Class
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