Core Viewpoint - Nvidia's holding concept stocks experienced a decline, with Coreweave, Applied Digital, and NEBIUS dropping over 7%, 9.4%, and 9.6% respectively [1] Group 1: Acquisition Details - Coreweave announced the acquisition of AI computing miner Core Scientific, based on a previously established all-stock agreement from July 7, emphasizing that the offer is "best and final" with no modifications [1] - The merger is presented as a secure and valuable path for future development, promising immediate premiums for shareholders and significant long-term growth potential [1] Group 2: Strategic Implications - Coreweave argues that if Core Scientific opts for independent operation, it would face substantial capital expenditures and execution risks [1] - The company is urging shareholders to support the transaction at the special shareholder meeting scheduled for October 30 [1]

CoreWeave表示，此次合并为双方未来发展提供了最安全且最具价值的路径，不仅能为股东带来即时溢 价，还具备显著的长期增长潜力。公司认为，如果Core Scientific选择独立运营，将面临巨额资本支出 与执行风险，因此呼吁股东在10月30日召开的特别股东大会上投票支持该交易。 周五，英伟达(NVDA.US)持仓概念股普跌，截至发稿，Coreweave(CRWV.US)跌超7%，Applied Digital(APLD.US)跌超9.4%，NEBIUS(NBIS.US)跌超9.6%。消息面上，Coreweave将按此前于7月7日达 成的全股票协议收购AI算力矿商Core Scientific(CORZ.US)，并强调该报价为"最佳且最终"，不会作出任 何修改。 ...

Two Seas Capital Logo NEW YORK, Oct. 17, 2025 /PRNewswire/ -- Two Seas Capital LP ("Two Seas" or "we"), an alternative investment management firm and one of the largest shareholders of Core Scientific, Inc. ("Core Scientific" or the "Company") (NASDAQ: CORZ), today issued a letter to shareholders in connection with its opposition to the Company's proposed sale to CoreWeave, Inc. ("CoreWeave") (NASDAQ: CRWV) on the terms announced on July 7, 2025. The full text of the letter is below. Continue Reading Access ...

Core View - CoreWeave reaffirms its commitment to acquiring Core Scientific, emphasizing the financial benefits and strategic rationale for Core Scientific stockholders [1][2][6] Acquisition Details - CoreWeave entered into a definitive agreement to acquire Core Scientific in an all-stock transaction on July 7, 2025, which is positioned as the best path forward for Core Scientific stockholders, providing immediate premium value and long-term growth potential [2][4] - The acquisition is expected to create synergies through vertical integration, operational efficiencies, and expanded industry expertise, enhancing long-term value creation for shareholders [2][4] Response to Misleading Claims - CoreWeave addresses misleading statements made by Two Seas Capital regarding the acquisition, asserting that their offer is final and will not be modified [3][4] - The company argues that Core Scientific's standalone value-creation plan is riskier compared to the proposed acquisition, which mitigates significant execution risks and capital expenditure challenges [4][6] - CoreWeave highlights that its partnership has already led to a ~150% increase in Core Scientific's stock price over the 13 months prior to the acquisition announcement, compared to ~25% for peers [4][5] Market Position and Future Outlook - CoreWeave is confident that no alternative buyer can match its scale and ability to unlock value from Core Scientific's assets, reinforcing the strategic importance of the acquisition [5][9] - The upcoming Special Meeting on October 30, 2025, will allow stockholders to vote on the transaction, with CoreWeave urging them to support the merger proposal [7][8]

Core Scientific's board urged its shareholders on Wednesday to vote for the company's proposed sale to CoreWeave. ...

Australian lender Westpac said on Thursday it had recognised a restructuring charge of A$273 million ($177.72 million) in the second half of fiscal 2025, as part of its productivity initiatives under ... ...

Core Insights - Bitcoin mining stock prices have surged recently, driven by market enthusiasm for miners engaging in AI ventures [1][7] Company Performance - Major bitcoin miners such as Bitdeer, Bitfarms, Hut 8, CleanSpark, and Core Scientific have seen significant price increases, with Bitdeer leading at a 27% rise [2] - Over the past week, Bitfarms has outperformed with a 66% increase, followed by Bitdeer at 29.5%, TeraWulf at 23.2%, Hut 8 at 21.4%, CleanSpark at 20.4%, and Cipher at 17.5% [3] - IREN has shown a remarkable performance, up 1,100% over the last six months, despite lagging behind peers in the weekly timeframe [4] Financial Developments - IREN has closed a $1 billion convertible note to support its AI business, with Cantor Fitzgerald setting a $100 price target based on its neocloud business and the potential of its Sweetwater campus [5] - Bitdeer announced plans to have 200 MW of critical IT load operational in Southeast Asia by the end of 2026, projecting an estimated annual recurring revenue of $2 billion [6] Market Trends - The bitcoin mining sector has been experiencing a strong upward trend since summer, largely due to the AI investment wave, leaving miners without AI or high-performance computing initiatives at a disadvantage [7]

Core Scientific (CORZ) shareholders are heading to the polls on Oct. 30 to vote on CoreWeave's (CRWV) $9 billion acquisition bid. According to CNBC's David Faber, the deal is expected to fail, with large institutional holders and activist investors signaling an intent to reject the offer. The proposed all-stock transaction would give Core Scientific shareholders 0.1235 CoreWeave shares for each share they own, valuing CORZ at roughly $20.40 per share. While that represents a 66% premium to Core Scientific ...

Core Viewpoint - Two Seas Capital LP opposes the proposed sale of Core Scientific to CoreWeave, arguing that the transaction undervalues Core Scientific and is based on a flawed process [1][2][3] Valuation Analysis - Two Seas presents a detailed valuation analysis indicating that the proposed transaction offers inadequate value to Core Scientific shareholders, who possess valuable high-performance computing assets [2][3] - The firm highlights that Core Scientific's peers have seen their values more than double in the three months since the announcement of the deal, while Core Scientific's stock has declined due to its association with CoreWeave's underperforming stock [3] Shareholder Action - Two Seas urges Core Scientific shareholders to vote against the proposed transaction using the GOLD proxy card ahead of the special meeting scheduled for October 30, 2025 [2][9] - The firm emphasizes that alternatives to the proposed transaction are superior and encourages shareholders to review their presentation for a comprehensive understanding [4]

Core Insights - The article emphasizes the importance of reliable information sources for investors, highlighting that historical performance does not guarantee future success [1][2] Group 1 - The information provided is intended for educational purposes and should not be considered as an offer or recommendation to buy or sell securities [1] - The data is sourced from what is believed to be reliable sources, but there is no guarantee regarding its accuracy or timeliness [1] - The article mentions that authors or presenters may own the stocks discussed, indicating potential conflicts of interest [1] Group 2 - Real-time prices and ownership data are provided by Nasdaq and LSEG, respectively, while estimate data is sourced from FactSet [2] - Various trademarks related to Investor's Business Daily are acknowledged, indicating the brand's presence in the financial information sector [2]