CoreWeave in talks to buy Core Scientific, WSJ reports
Bitcoin
Edition: Singapore Indonesia Asia US/UK CoreWeave is in talks to buy Core Scientific, after the bitcoin miner rejected an earlier deal from the cloud provider last year, the Wall Street Journal reported on Thursday, citing people familiar with the matter. Shares of Core Scientific rose about 8 per cent after the report, giving the company a market value of nearly $4 billion. Crypto miners use vast amounts of electricity to run their operations and are being increasingly targeted by bigger peers
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