🚀 CoreWeave Acquires $CORZ in $9B All-Stock Deal

Cloud computing firm CoreWeave has finalized its acquisition of Bitcoin mining giant Core Scientific for $9 billion in an all-stock transaction. The deal significantly expands CoreWeave’s data center infrastructure, positioning it to meet growing demand for AI and high-performance computing.

Core Scientific, one of the largest publicly traded #Bitcoin miners, will now bolster CoreWeave’s capacity to support GPU-intensive workloads. The move highlights the increasing convergence between crypto mining and AI infrastructure.

#CryptoMining #AIRevolution 💻⚡