Shareholder Alert: The Ademi Firm investigates whether Core Scientific, Inc. is obtaining a Fair Price for its Public Shareholders
3 Articles
3 Articles
Shareholder Alert: The Ademi Firm investigates whether Core Scientific, Inc. is obtaining a Fair Price for its Public Shareholders
MILWAUKEE, July 7, 2025 /PRNewswire/ -- The Ademi Firm is investigating Core Scientific (NASDAQ: CORZ) for possible breaches of fiduciary duty and other violations of law in its transaction with CoreWeave.
Crypto mines become AI gold: CoreWeave’s $9B acquisition of Core Scientific
Nvidia-backed AI cloud provider CoreWeave is acquiring crypto miner Core Scientific for about $9 billion, giving it access to 1.3 gigawatts of contracted power to support growing demand for AI and high-performance computing (HPC) workloads. The acquisition reflects a shift in data center strategy as AI infrastructure providers look to secure energy-intensive facilities originally built for purposes like cryptocurrency mining. In a statement, Cor…
CoreWeave's $9B Acquisition Of Core Scientific Sparks Legal Investigation - Data Intelligence
CoreWeave, a rising player in the artificial intelligence industry, has entered a definitive agreement to acquire Bitcoin mining company Core Scientific in an all-stock transaction, according to a July 7 announcement. This strategic move would help CoreWeave to strengthen its data center capabilities and expand its AI and high-performance computing (HPC) infrastructure. Agreement terms Under the terms of the deal, Core Scientific shareholders wi…
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