Core Scientific Shareholders Vote Against $9B CoreWeave Merger
Yahoo Finance·2025-10-31 00:45
A planned merger between Bitcoin mining firm Core Scientific and artificial intelligence and cloud data center CoreWeave has been called off after a stockholder vote held on Oct. 30. According to the initial terms reported back in July, CoreWeave was slated to purchase Core Scientific in an all-stock deal for 9 billion. Stockholders Reject Merger Deal According to the US Securities and Exchange Commission (SEC), CoreWeave did not receive the requis ...