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AI Company Buys Bitcoin Miner in $9 Billion Deal to Expand Data Power
AI cloud provider CoreWeave announced it will acquire bitcoin mining firm Core Scientific in an all-stock transaction valued at approximately $9 billion, according to Reuters. As AI workloads continue to surge, energy-hungry data centers have become a crucial asset. Firms like CoreWeave, which began as a crypto miner and later transitioned into AI infrastructure, are aggressively expanding...
Bitcoin Treasury News: Murano (MRNO) to Buy BTC With $500M Equity Deal
BTC $107,971.28 - 1.15% ETH $2,529.84 - 2.28% USDT $1.0001 - 0.01% XRP $2.2699 - 0.22% BNB $658.96 - 0.65% SOL $148.03 - 2.77% USDC $0.9999 - 0.01% TRX $0.2862 + 0.02% DOGE $0.1665 - 3.23% ADA $0.5768 - 2.10% HYPE $38.38 - 3.54% BCH $493.71 - 0.39% SUI $2.8395 - 3.42% WBT $44.84 -...
CoreWeave Just Bought a Bitcoin Miner for $9B — But It’s Not About Crypto
Khac Phu Nguyen 1 min read CoreWeave (NASDAQ:CRWV) has agreed to acquire Core Scientific (NASDAQ:CORZ) in an all-stock deal valued at around $9 billion, aiming to dramatically scale its AI and high-performance computing (HPC) capacity. The offer puts Core Scientific shares at $20.40 a 66% premium to their June 25 close yet the market reaction...
