Bitcoin miner Core Scientific declines b buyout offer

Bitcoin miner Core Scientific declines $1b buyout offer

Core Scientific Inc., a significant player in the Bitcoin (BTC) mining industry, has rejected an unsolicited $1 billion takeover offer from artificial intelligence (AI) startup CoreWeave Inc. as more and more companies... Read more »
Bitcoin (BTC) Mining Stocks Like Core Scientific and TeraWulf (WULF) Soar Amid M&A Frenzy

Bitcoin (BTC) Mining Stocks Like Core Scientific and TeraWulf (WULF) Soar Amid M&A Frenzy

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Bitcoin miner Core Scientific signs 12-year deal to deliver 200MW for machine learning

Bitcoin miner Core Scientific signs 12-year deal to deliver 200MW for machine learning

Crypto mining firm Core Scientific has signed a 12-year deal with cloud provider CoreWeave to provide resources for training artificial intelligence. Bitcoin miners are now diversifying their portfolios by branching into areas... Read more »
Core Scientific seals 0M deal with CoreWeave as miners diversify cash streams

Core Scientific seals $100M deal with CoreWeave as miners diversify cash streams

Bitcoin miner Core Scientific seeks to diversify its revenue streams ahead of the upcoming halving. The company inked a deal with artificial intelligence startup CoreWeave to provide data center services, with potential... Read more »
Core Scientific returns to Nasdaq as Wall Street shows renewed love for bitcoin mining – NBC 5 Dallas-Fort Worth

Core Scientific returns to Nasdaq as Wall Street shows renewed love for bitcoin mining – NBC 5 Dallas-Fort Worth

Bitcoin miner Core Scientific has completed the reorganization process and relisted its shares on the Nasdaq. Trading resumes on Wednesday morning. Core, which has operations in five U.S. states, mines for bitcoin... Read more »
Bitcoin miner Core Scientific to exit bankruptcy, relist shares in ‘coming days’

Bitcoin miner Core Scientific to exit bankruptcy, relist shares in ‘coming days’

Crypto mining firm Core Scientific has been given court approval to emerge from bankruptcy and relist its “CORZ” shares on the Nasdaq — putting an end to a 13-month restructuring process.  In... Read more »
Core Scientific Seeks Court Nod On M Bitcoin Mine Buy

Core Scientific Seeks Court Nod On $77M Bitcoin Mine Buy

By Alex Wittenberg (December 4, 2023, 5:04 PM EST) — Crypto mining company Core Scientific has asked a Texas bankruptcy court to approve a planned $77.1 million purchase of equipment from bitcoin... Read more »
Core Scientific seals M Bitmain deal for 27K Bitcoin mining rigs

Core Scientific seals $77M Bitmain deal for 27K Bitcoin mining rigs

Cryptocurrency mining hardware maker Bitmain and bankrupt crypto mining firm Core Scientific have agreed on a combination of equity and cash to finalize the deal on expanding mining facilities.   The deal between the... Read more »
Crypto firms Celsius and Core Scientific settle dispute

Crypto firms Celsius and Core Scientific settle dispute

The dispute between the two companies initially arose in October 2022. The Texas-based data center will likely become part of Celsius’ mining operations. Core Scientific has reached a settlement agreement with Celsius... Read more »
Core Scientific appoints Adam Sullivan as CEO amid restructuring process

Core Scientific appoints Adam Sullivan as CEO amid restructuring process

Publicly traded Bitcoin (BTC) miner Core Scientific has appointed Adam Sullivan its CEO. Sullivan, who previously served as the company’s president, took the role on Aug. 4, while co-founder and former CEO... Read more »