Scientific

Bitcoin Miner Turned AI Infra Play, Core Scientific to Remain Independent

Core Scientific (CORZ) shareholders have rejected a proposed $9 billion all-stock merger with CoreWeave (CRWV), halting one of the most anticipated deals in the AI data center sector. CORZ is higher by 4.5% on the news, while CRWV added modestly to earlier losses, now down… Read More

Bitcoin Miner Core Scientific (CORZ) Just ‘Nice to Have’: CRWV’s Michael Intrator

10 months ago by Crypto InsightsCrypto

CoreWeave (CRWV) CEO Michael Intrator told CNBC the company will not raise its $9 billion all-stock offer for bitcoin miner Core Scientific (CORZ), calling the acquisition a “nice to have, not a need to have.” He said the offer fairly reflects the relative value of… Read More