CoreWeave Resumes Acquisition Talks for Core Scientific After Previous Attempt

CoreWeave (CRWV) is in talks to acquire Core Scientific (CORZ) again, a year after an unsuccessful attempt. Details of the potential deal remain undisclosed, but it may be finalized soon.

  • Previous acquisition attempt by CoreWeave was at $5.75 per share, totaling about $1 billion.
  • Currently, CORZ shares have risen 25% and are trading above $15.
  • Other miners like Hut 8 (HUT), IREN (IREN), and Cipher Mining (CIFR) also saw increases, though less significant.