Core Scientific Rejects CoreWeave’s Over $1B Buyout Offer

Core Scientific Rejects CoreWeave’s Over $1B Buyout Offer

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Source: Coindesk.com

Core Scientific (CORZ) has rejected the more than $1 billion buyout offer from cloud computing firm CoreWeave, the firm said in a press release on Thursday.

Core Scientific’s board believes that CoreWeave’s offer to buy the bitcoin (BTC) miner for $5.75 per share significantly undervalues the firm.

Read More https://www.coindesk.com/business/2024/06/06/core-scientific-rejects-coreweaves-1b-buyout-offer/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The post "Core Scientific Rejects CoreWeave's Over $1B Buyout Offer" appeared first here Coindesk.com.

Source: Coindesk.com

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