According to informed sources, the artificial intelligence company CoreWeave is in talks to acquire the Bitcoin mining company Core Scientific. It is reported that this acquisition deal has been in the works for a year but has not been successful. Sources say that as long as the negotiations encounter no obstacles, the deal could be finalized in the coming weeks. The specific terms of the negotiations are not yet clear, but Core Scientific has been rising rapidly recently and may receive a substantial premium. (The Wall Street Journal)
The content is for reference only, not a solicitation or offer. No investment, tax, or legal advice provided. See Disclaimer for more risks disclosure.
According to informed sources, the artificial intelligence company CoreWeave is in talks to acquire the Bitcoin mining company Core Scientific. It is reported that this acquisition deal has been in the works for a year but has not been successful. Sources say that as long as the negotiations encounter no obstacles, the deal could be finalized in the coming weeks. The specific terms of the negotiations are not yet clear, but Core Scientific has been rising rapidly recently and may receive a substantial premium. (The Wall Street Journal)