Investment bank Macquarie has upgraded Core Scientific’s (CORZ) stock rating from ‘neutral’ to ‘outperform’ following the merger with Nasdaq-listed Bitcoin mining company CoreWeave (CRWV). The merger failed after […]
Core Scientific Ends Merger Agreement with CoreWeave
U.S.-based mining company Core Scientific has officially called off its planned merger with CoreWeave after concerns about the deal’s valuation and structure were voiced by shareholders. CoreScientific’s largest […]
Core Scientific Stock Soars After Failed CoreWeave Deal Vote
Core Scientific’s stock price experienced a significant surge of 2.7% following the failed vote on their proposed transaction with CoreWeave, according to PANews reports. Despite this setback, Core […]
Core Scientific Shareholders Reject Merger with CoreWeave, Raising Concerns about U.S. Mining Stability
Key investors in Core Scientific have voiced their opposition to the proposed merger with CoreWeave, citing valuation concerns and a lack of clarity surrounding the deal’s structure. Jefferies, […]
Core Scientific Merger Faces Valuation Hurdles Amidst Uncertain CoreWeave Stock Performance
Jefferies has flagged potential challenges in the proposed merger between Core Scientific (CORZ) and CoreWeave, citing valuation discrepancies and a potentially unfavorable response from investors. Their report suggests […]
Core Scientific Reports Steep Revenue Decline in Q2 2025
Core Scientific, a Nasdaq-listed Bitcoin mining company, has released its second quarter financial results for fiscal year 2025. The report indicates a substantial decrease in revenue, reaching $62.4 […]
Core Scientific Secures $580 Million Profit Amid Shift to AI
Core Scientific Inc. achieved a remarkable $580 million profit in the first quarter, more than doubling its earnings from the same period last year. While this strong financial […]
Core Scientific Reports $580 Million Net Income Despite Q1 Revenue Slide
Despite a significant drop in revenue, Core Scientific achieved a notable net income of $580 million for the first quarter of 2025. This unexpected result is attributed to […]
Core Scientific Achieves Significant Profit Surge Despite Revenue Dip: Shifting Gears with AI
Core Scientific reported a remarkable $580.7 million net profit for the first quarter of 2025, despite a revenue decrease to $79.5 million. This significant profit boost is largely […]
Core Scientific Surprises with $580 Million Q1 Net Profit Surge
In a significant Q1 2025 financial report, Core Scientific Inc. achieved a staggering net profit of $580.7 million, largely driven by warrant valuation adjustments rather than operational mining […]