Bitcoin Miner Core Scientific Surges After AI Deal, Report of Over $1B...

Bitcoin Miner Core Scientific Surges After AI Deal, Report of Over $1B Buyout Offer From CoreWeave

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Source: Coindesk.com

Bitcoin miner Core Scientific's (CORZ) shares surged as much as 40% in pre-market trading after cloud computing firm CoreWeave signed a 200 megawatts (MW) artificial intelligence (AI) deal and was also reported to have offered to buy the mining company in an all-cash offer.

CoreWeave said to have made the offer on Monday, implying a 55% premium

Read More https://www.coindesk.com/business/2024/06/04/bitcoin-miner-core-scientific-surges-after-ai-deal-report-of-over-1b-buyout-offer-from-coreweave/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The post "Bitcoin Miner Core Scientific Surges After AI Deal, Report of Over $1B Buyout Offer From CoreWeave" appeared first here Coindesk.com.

Source: Coindesk.com

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