2025-07-08
CoreWeave's acquisition of Core Scientific just signals to the market that every Bitcoin mining company will eventually get acquired by a GPU rental biz. I don't blame them considering that Bitcoin miners tend to have the best GPU optimizers in the world. $CRWV $CORZ
Bloomberg
CoreWeave says it has agreed to acquire bitcoin miner Core Scientific in a ~$9B all-stock deal, set to close in Q4 2025, to expand its AI data center capacity
#DataCenters — #CoreWeave — #PowerIsTheMoat @notreload : $CRWV -2.8%, $CORZ -18% [CoreWeave's all-stock acquisition of Core Scientific caused Core Scientific's stock to fall du...