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Updated Jun 26, 2025, 4:51 p.m. Published Jun 26, 2025, 4:43 p.m.
One year after unsuccessfully trying to purchase Core Scientific (CORZ), cloud and AI infrastructure firm CoreWeave (CRWV) is again in talks with the bitcoin miner, .
Exact terms haven’t been discussed, but a deal could be finalized in coming weeks, according to the story.
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Roughly one year ago, CoreWeave tried to acquire CORZ for $5.75 per share, or about $1 billion. Up 25% today on this news, CORZ is currently trading above $15 per share.
Among other miners moving higher (though not nearly the magnitude of CORZ) are Hut 8 (HUT), IREN (IREN), and Cipher Mining (CIFR).
Stephen is CoinDesk’s managing editor for Markets. He previously served as managing editor at Seeking Alpha. A native of suburban Washington, D.C., Stephen went to the University of Pennsylvania’s Wharton School, majoring in finance. He holds BTC above CoinDesk’s disclosure threshold of $1,000.
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