Core Scientific Terminates $9 Billion Merger Deal with CoreWeave

Reuters

2025/10/30

Crypto miner Core Scientific, Inc. on Thursday ended its agreement to be sold to Nvidia-backed CoreWeave, Inc., after shareholders voted against the proposal.

CoreWeave had struck an all-stock deal worth $9 billion to buy Core Scientific in July, as part of its push to secure the energy and data center capacity needed to power surging demand.

Core Scientific shares fell 2% in early trading.

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