According to Deep Tide TechFlow, AI infrastructure company CoreWeave is in talks to acquire Bitcoin mining firm Core Scientific. Previously, CoreWeave's offer of $5.75 per share made in 2024 was rejected, valuing the company slightly above $1 billion.
As Core Scientific's stock price doubles to a market value of approximately $3.7 billion, the deal is expected to include premium terms. If all goes well, the transaction could be completed in a few weeks.