Core Scientific Stock Surges On Acquisition Reports With CoreWeave - Core Scientific (NASDAQ:CORZ)
- As of June 26, 2025, CoreWeave and Core Scientific are engaged in talks regarding a potential acquisition, with the possibility of concluding an agreement in the weeks ahead.
- CoreWeave previously offered $5.75 per share to buy Core Scientific in June 2022, but the bid was rejected for undervaluing the company.
- Following acquisition talks, Core Scientific shares surged about 24% while CoreWeave shares fell slightly, reflecting market reactions.
- The companies have a longstanding collaboration featuring multi-billion-dollar contracts, with Core Scientific providing around 200 megawatts of capacity to support CoreWeave’s high-performance computing operations.
- This potential acquisition would strengthen collaboration amid rising AI workload demand and signal a strategic shift beyond bitcoin mining.
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26 Articles
Bitcoin Miner Core Scientific (NASDAQ:CORZ): A Compelling Acquisition Target
After a turbulent period involving delisting, bankruptcy, and relisting, Core Scientific (NASDAQ:CORZ) shareholders are now enjoying a significant surge in the share price. The Bitcoin (BTC-USD) mining company has seen its stock soar by over 140% in the past months following an all-cash offer from CoreWeave that values the company at $1 billion. Core Scientific is recognized as one of the leading Bitcoin miners in North America. Thus, its fortun…
CoreWeave in talks to acquire Core Scientific after $1B buyout bid was rejected last year - Tech Startups
CoreWeave is back at the table with fresh interest in acquiring bitcoin miner Core Scientific, according to a new report from The Wall Street Journal. The cloud infrastructure company is reportedly in talks to purchase the bitcoin mining firm, nearly […] The post CoreWeave in talks to acquire Core Scientific after $1B buyout bid was rejected last year first appeared on Tech Startups.
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