Two Seas Capital, Core Scientific's Largest Active Shareholder, Announces Intention to Vote Against the Proposed Sale to CoreWeave
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12 Articles

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Two Seas Capital, Core Scientific's Largest Active Shareholder, Announces Intention to Vote Against the Proposed Sale to CoreWeave
/PRNewswire/ -- Two Seas Capital LP ("Two Seas" or "we"), an alternative investment management firm and the largest active shareholder of Core Scientific, Inc....
·United States
Read Full ArticleTop Shareholder Opposes CoreWeave’s $9B Bid For Core Scientific - FinanceFeeds
Two Seas Capital, the largest active shareholder in Bitcoin miner Core Scientific, said Thursday it plans to vote against a $9 billion buyout offer from CoreWeave, arguing the deal shortchanges existing shareholders. The investment firm, which holds a 6.5% stake, called the deal “materially unfair” in a letter to shareholders, adding that it puts Core Scientific investors at risk while favoring the AI-focused infrastructure company. “The propose…
Coverage Details
Total News Sources12
Leaning Left0Leaning Right1Center2Last UpdatedBias Distribution67% Center
Bias Distribution
- 67% of the sources are Center
67% Center
C 67%
R 33%
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