Core Scientific Drops 17% After $9B CoreWeave Deal

July 8, 2025

Catenaa, Tuesday, July 8, 2025- Bitcoin miner Core Scientific saw its stock tumble 17% Monday after confirming it will be acquired by AI infrastructure firm CoreWeave in an all-stock deal valued at approximately $9 billion. The transaction, expected to close by year’s end, drew a mixed reaction from investors who had anticipated a higher valuation […]