Core Viewpoint - CoreWeave has agreed to acquire Core Scientific in an all-stock transaction valued at approximately $9 billion, aimed at expanding its AI data center capabilities [1] Transaction Details - The acquisition values Core Scientific's stock at $20.40 per share, representing a 66% premium over the closing price on June 25, the day before negotiations began [1] - The transaction is expected to be completed by Q4 2025, pending regulatory approval [1] Strategic Implications - CoreWeave's CEO, Michael Intrator, stated that the acquisition will accelerate the company's strategy for scaling AI and high-performance computing workloads [1] - Core Scientific, a Bitcoin mining company, is leveraging the current AI boom to expand beyond cryptocurrency by utilizing its data center space and addressing power supply shortages [1] Historical Context - Last year, Core Scientific initiated its expansion by proposing a $1 billion acquisition of Core Scientific, along with a 12-year contract to provide approximately 200 megawatts of infrastructure for CoreWeave's operations [1] Market Reaction - As of the latest trading session, CoreWeave's stock fell nearly 3%, while Core Scientific's stock plummeted by 17% [2]
CoreWeave(CRWV.US)拟以全股票收购Core Scientific(CORZ.US) 盘前下跌近3%