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CoreWeave to buy crypto miner Core Scientific in $9 billion deal
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CoreWeave to buy crypto miner Core Scientific in $9 billion deal
Jul 7, 2025 6:21 AM

July 7 (Reuters) - AI data center firm CoreWeave ( CRWV )

said on Monday it would buy crypto miner Core

Scientific ( CORZ ) in an all-stock deal valued at about $9

billion.

The offer represents a $20.40 per share value and implies a

premium of nearly 66% to Core Scientific ( CORZ ) stock's close before

potential deal talks were first reported.

The deal is expected to close in the fourth quarter, and the

final price will be determined at that time, the companies said.

(Reporting by Manya Saini in Bengaluru; Editing by Sriraj

Kalluvila)

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