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News with the tag "mergers and acquisitions"

Core Scientific Cut to Neutral as CoreWeave Deal Adds Complexity: H.C. Wainwright

CoinDesk
14:33 08-07-2025

H.C. Wainwright downgraded Core Scientific (CORZ) to neutral due to increased complexity from its deal with CoreWeave (CRWV), citing risks tied to cryptocurrency and AI adoption.

CoreWeave’s All-Stock Bid for Core Scientific Likely to Draw Shareholder Scrutiny: KBW

CoinDesk
19:38 07-07-2025

CoreWeave has agreed to acquire bitcoin miner Core Scientific in an all-stock deal valued at $20.40 per share, but KBW analysts see limited upside for Core Scientific shareholders.