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CoreWeave Back in Talks to Acquire Bitcoin Miner Core Scientific: WSJ

June 26, 2025
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One year after unsuccessfully trying to purchase Core Scientific (CORZ), cloud and AI infrastructure firm CoreWeave (CRWV) is again in talks with the bitcoin miner, according to the WSJ.

Exact terms haven't been discussed, but a deal could be finalized in coming weeks, according to the story.

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Roughly one year ago, CoreWeave tried to acquire CORZ for $5.75 per share, or about $1 billion. Up 25% today on this news, CORZ is currently trading above $15 per share.

Among other miners moving higher (though not nearly the magnitude of CORZ) are Hut 8 (HUT), IREN (IREN), and Cipher Mining (CIFR).

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Disclaimer: Information found on cryptoreportclub.com is those of writers quoted. It does not represent the opinions of cryptoreportclub.com on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
cryptoreportclub.com covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023-2025 Cryptoreportclub. All Rights Reserved