CoreWeave finalizes Core Scientific acquisition for $9B

CoreWeave finalizes Core Scientific acquisition for $9B

CoreWeave, a fast-growing AI cloud infrastructure company, has officially completed its $9 billion all-stock acquisition of Core Scientific, one of the largest high-performance data center operators in North America. The deal marks a major milestone in CoreWeave’s rapid expansion into energy-intensive infrastructure to support growing demand for artificial intelligence and high-performance computing (HPC) . The […]

Core Scientific Sells 7,202 BTC From Its Bitcoin Holdings

Core Scientific Sells 7,202 BTC From Its Bitcoin Holdings

The world’s largest public Bitcoin miner Coin Scientific Sells 7,202 BTC which is approximately 79% of Its Bitcoin holdings Core Scientific sold 7,202 BTC in June Core Scientific, the largest publicly traded mining corporation, released its first-half 2022 results. Particularly noteworthy was the fact that the miner sold 7,202 BTC in June for an average […]