CoreWeave in talks to acquire Core Scientific after previous offer was rejected

From Yahoo Finance: 2025-06-26 12:39:00

CoreWeave is in talks to acquire Core Scientific after the bitcoin miner rejected a deal last year. Core Scientific’s shares surged 33% on Thursday. The company has a market value of $5 billion. Crypto miners face increasing scrutiny and consolidation efforts. A deal between the two companies could be finalized soon, with terms yet to be disclosed. Core Scientific and CoreWeave have not commented on the matter. Last year, CoreWeave offered $1.02 billion to acquire Core Scientific, which was rejected by the latter. The companies previously signed contracts for infrastructure services.



Read more at Yahoo Finance: CoreWeave in talks to buy Core Scientific, source says