Core Scientific's board asks shareholders to vote for CoreWeave deal
Yahoo Financeยท2025-10-15 21:09
(Reuters) -Core Scientific's board urged its shareholders on Wednesday to vote for the crypto miner's proposed sale to CoreWeave as the company expects a number of benefits from the deal. CoreWeave announced its intention to buy Core Scientific in an all-stock deal valued at about $9 billion in July, valuing it at $20.40 per share. However, the proposed deal faces opposition from Two Seas Capital, the crypto miner's biggest shareholder. Two Seas Capital, which owns roughly 6.3% of Core Scientific, said i ...