CoreWeave (CRWV) has agreed to acquire bitcoin miner Core Scientific (CORZ) in an all-stock deal valued at $20.40 per share, implying a ~16x FY26E EBITDA multiple, a steep discount to…
Cloud and AI infrastructure firm CoreWeave (CRWV) has agreed to buy crypto-mining data center operator Core Scientific (CORZ) for roughly $9 billion in stock.The agreement will swap each Core Scientific…
CoreWeave will acquire Core Scientific, the company announced Monday morning. The news comes after the two engaged in a lengthy battle last year that saw Core Scientific rejecting a bid from…