Fund Adds $25 Million to Core Scientific Stake Weeks Before a Nearly 40% Selloff
Core Scientific(US:CORZ) The Motley Fool·2025-12-18 06:15The stock sold off hard after quarter-end, but the timing of this buy suggests a longer-term infrastructure bet rather than a short-term crypto trade.New York City-based DSC Meridian Capital disclosed a substantial buy of Core Scientific (CORZ 7.88%) in a November 14 SEC filing, a move that contributed to an increase in its position by $25.4 million.What HappenedAccording to an SEC filing on November 14, DSC Meridian Capital increased its stake in Core Scientific (CORZ 7.88%) by nearly 1.4 million shares, b ...