Layer3.news

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BITCOIN MINER CORE SCIENTIFIC INVESTORS NIX $9 BILLION COREWEAVE MERGER

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✍️ Core Scientific shareholders reject a proposed $9 billion merger with AI computing company CoreWeave, ending a potentially massive transaction in the high-power computing space.

👉 Core Scientific shareholders rejected the proposed $9 billion merger with CoreWeave 👉 The merger would have given CoreWeave 1.3 gigawatts of gross power across Core Scientific's national data center footprint 👉 Core Scientific investors believed the deal undervalued the Bitcoin miner

-- #MichaelIntrator #AdamSullivan #JackDorsey #technology

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Michael Intrator Adam Sullivan Jack Dorsey technology mainstream:perspective

11/1/2025

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BITCOIN MINER CORE SCIENTIFIC INVESTORS NIX $9 BILLION COREWEAVE MERGER

https://cdn.decrypt.co/wp-content/uploads/2025/05/bitcoin-mining-decrypt-style-02-gID_7.png

✍️ Core Scientific shareholders reject a proposed $9 billion merger with AI computing company CoreWeave, ending the deal.

👉 Core Scientific shareholders voted against the proposed merger with CoreWeave 👉 The deal would have given CoreWeave access to 1.3 gigawatts of gross power across Core Scientific's national data center footprint 👉 Core Scientific investors believed the deal undervalued the Bitcoin miner 👉 The mining industry faces challenges, including increasing difficulty and expense, and the need to find new revenue sources

-- #MichaelIntrator #AdamSullivan #business

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Michael Intrator Adam Sullivan business Technology:perspective

10/30/2025

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COREWEAVE (CRWV) NOSEDIVES 23.8% AS INVESTORS TURN SOUR ON $9-BILLION CORE SCIENTIFIC MERGER

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✍️ CoreWeave, Inc. (NASDAQ:CRWV) saw its share prices fall by 23.8% after announcing a $9-billion merger plan with Core Scientific, Inc. (NASDAQ:CORZ) and being investigated by a shareholder law firm.

👉 CoreWeave, Inc. (NASDAQ:CRWV) saw its share prices fall by 23.8% week-on-week 👉 The company is merging with Core Scientific, Inc. (NASDAQ:CORZ) in an all-stock deal 👉 The merger plan has triggered a probe by a shareholder law firm, Kahn Swick & Foti, LLC 👉 The CEO of Core Scientific, Inc., Adam Sullivan, believes that the merger will accelerate the availability of world-class infrastructure for companies innovating with AI

-- #AdamSullivan #CharlesFoti,Jr. #business

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Adam Sullivan Charles Foti, Jr.business mainstream:perspective

7/13/2025

nostr:nevent1qvzqqqqqqypzq23345nk8mqz502aemhy7qkqessqmptdh2pmy3cglzgly4a280fdqyd8wumn8ghj7ctjw35kxmr9wvhxcctev4erxtnwv4mhxqpq3y2sraeaz8dswvrd994adael47qqqq6vlf92kdgcw2v7sk7hthwqy4c6tk

PUBLIC KEYS: COREWEAVE FUSION DANCE, $1 BILLION DAY FOR BITCOIN ETFS AND STRATEGY'S BYE WEEK

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✍️ CoreWeave and Core Scientific plan to merge in a $9 billion deal, while Bitcoin ETFs see significant inflows and a miner makes a pivot to Solana.

👉 CoreWeave and Core Scientific plan to merge in a $9 billion all-stock transaction 👉 Bitcoin ETFs see significant inflows, with BlackRock's iShares Bitcoin Trust accounting for nearly half of the cash flowing into the funds 👉 A Bitcoin and Dogecoin miner makes a pivot to Solana, sending its shares soaring 👉 Strategy, a Bitcoin giant, takes a break from buying Bitcoin and issues a new preferred stock offering

-- #AdamSullivan #JohnTodaro #PaulGooding #MarniLysaght #VladTenev #BrianArmstrong #MichaelSaylor #world

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Adam Sullivan John Todaro Paul Gooding Marni Lysaght Vlad Tenev Brian Armstrong Michael Saylor world

7/11/2025

nostr:nevent1qvzqqqqqqypzqe6z4eqs8a86awpjvnv4ta6zlxnprtyqryxvqpp78vezxxxv0mnpqyd8wumn8ghj7ctjw35kxmr9wvhxcctev4erxtnwv4mhxqpqgcer0dpnyjh57kem7cdpx6kn7ehek7826ntz903th9673z2tjzjszaw00q

CORE SCIENTIFIC (CORZ) DROPS AS COREWEAVE MERGER FACES PROBE

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✍️ Core Scientific Inc. (NASDAQ:CORZ) is being investigated by a shareholder law firm over its proposed sale to CoreWeave, Inc. (NASDAQ:CRWV).

👉 Core Scientific Inc. (NASDAQ:CORZ) is being investigated by a shareholder law firm over its proposed sale to CoreWeave, Inc. (NASDAQ:CRWV). 👉 The law firm, Kahn Swick & Foti, LLC, is seeking to determine whether the consideration and process leading to the merger are adequate. 👉 Core Scientific's President and CEO, Adam Sullivan, believes the merger will position the company to accelerate the availability of world-class infrastructure for AI companies.

-- #CharlesFoti,Jr. #AdamSullivan #business

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Charles Foti, Jr.Adam Sullivan business mainstream:perspective

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CORE SCIENTIFIC (CRWV) DROPS 17.6% ON ALL-STOCK MERGER DEAL

https://media.zenfs.com/en/insidermonkey.com/8ee1cb456950afcc12cf2939d7c9a04d

✍️ CoreWeave acquires Core Scientific for $9 billion, causing Core Scientific's stock to drop 17.61%.

👉 CoreWeave acquires Core Scientific for $9 billion 👉 Core Scientific's stock drops 17.61% following the announcement 👉 The acquisition is expected to accelerate the availability of world-class infrastructure for companies innovating with AI

-- #AdamSullivan #business

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Adam Sullivan business mainstream:perspective

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BITCOIN MINER CORE SCIENTIFIC POSTS $580M Q1 PROFIT BUT MISSES REVENUE ESTIMATES

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✍️ Core Scientific Inc., a Nasdaq-listed Bitcoin mining firm, reported a net profit of $580 million in its first quarter, but missed revenue estimates due to a drop in mining profits.

👉 Core Scientific reported a net profit of $580 million in its first quarter 👉 Revenue fell short of analyst estimates, missing Zacks analysts' estimates by 8.11% 👉 The company's shift to high-performance computing (HPC) hosting contributed to the revenue drop 👉 The company's average Bitcoin price increased by 74% 👉 Power costs decreased by 33%

-- #AdamSullivan #AdamBack #technology

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Adam Sullivan Adam Back technology Technology:perspective

5/8/2025

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CORE SCIENTIFIC FINDS A BALANCE IN BITCOIN MINING AND AI: CEO

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✍️ Some bitcoin miners are shifting to artificial intelligence and selling their power to AI data centers as Big Tech companies look for energy sources.

👉 Bitcoin miners are shifting to AI and selling their power to AI data centers 👉 Core Scientific was once the largest bitcoin mining company 👉 The company is now focusing on building large-scale digital infrastructure for AI data centers 👉 The company expects a relatively equal split between crypto mining and AI in the future

-- #AdamSullivan #NaomiBuchanan #technology

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Adam Sullivan Naomi Buchanan technology mainstream:perspective

12/18/2024

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ADAM SULLIVAN: THE MAN WHO MADE MINING SEXY AGAIN

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✍️ Core Scientific, a bitcoin miner, has emerged from bankruptcy and partnered with AI hyperscaler CoreWeave to create a multi-billion dollar AI data center, making it the first miner to scale AI computation.

👉 Core Scientific emerged from bankruptcy in January 👉 Secured a multi-billion dollar deal with CoreWeave 👉 First miner to scale AI computation 👉 Investors are pressuring other miners to diversify into AI 👉 Possible acquisition offers from private equity or big tech firms

-- #AdamSullivan #business

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Adam Sullivan business Technology:perspective

12/10/2024

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STOCKS DOWN? NO PROBLEM FOR THESE CRYPTO EXECS

https://media.crypto.news/2025/11/generated-17641086023831.webp

✍️ Crypto executives received generous compensation packages despite falling stock prices, with some packages including protections against market declines.

-- #DavidBailey #MichaelSaylor #AnthonyPompliano #JosephOnorati #AdamSullivan #AllanMarshall #PaulGlazer #business

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David Bailey Michael Saylor Anthony Pompliano Joseph Onorati Adam Sullivan Allan Marshall Paul Glazer business

11/25/2025

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BITCOIN MINER CORE SCIENTIFIC INVESTORS NIX $9 BILLION COREWEAVE MERGER

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✍️ Core Scientific shareholders reject a proposed $9 billion merger with AI computing company CoreWeave, ending a potentially massive transaction in the high-power computing space.

-- #MichaelIntrator #AdamSullivan #JackDorsey #technology

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Michael Intrator Adam Sullivan Jack Dorsey technology mainstream:perspective

11/1/2025

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BITCOIN MINER CORE SCIENTIFIC INVESTORS NIX $9 BILLION COREWEAVE MERGER

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✍️ Core Scientific shareholders reject a proposed $9 billion merger with AI computing company CoreWeave, ending the deal.

-- #MichaelIntrator #AdamSullivan #business

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Michael Intrator Adam Sullivan business Technology:perspective

10/30/2025

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COREWEAVE (CRWV) NOSEDIVES 23.8% AS INVESTORS TURN SOUR ON $9-BILLION CORE SCIENTIFIC MERGER

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✍️ CoreWeave, Inc. (NASDAQ:CRWV) saw its share prices fall by 23.8% after announcing a $9-billion merger plan with Core Scientific, Inc. (NASDAQ:CORZ) and being investigated by a shareholder law firm.

-- #AdamSullivan #CharlesFoti,Jr. #business

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Adam Sullivan Charles Foti, Jr.business mainstream:perspective

7/13/2025

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PUBLIC KEYS: COREWEAVE FUSION DANCE, $1 BILLION DAY FOR BITCOIN ETFS AND STRATEGY'S BYE WEEK

https://cdn.decrypt.co/wp-content/uploads/2025/05/crypto-trading-decrypt-style-01-gID_7.png

✍️ CoreWeave and Core Scientific plan to merge in a $9 billion deal, while Bitcoin ETFs see significant inflows and a miner makes a pivot to Solana.

-- #AdamSullivan #JohnTodaro #PaulGooding #MarniLysaght #VladTenev #BrianArmstrong #MichaelSaylor #world

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Adam Sullivan John Todaro Paul Gooding Marni Lysaght Vlad Tenev Brian Armstrong Michael Saylor world

7/11/2025

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CORE SCIENTIFIC (CORZ) DROPS AS COREWEAVE MERGER FACES PROBE

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✍️ Core Scientific Inc. (NASDAQ:CORZ) is being investigated by a shareholder law firm over its proposed sale to CoreWeave, Inc. (NASDAQ:CRWV).

-- #CharlesFoti,Jr. #AdamSullivan #business

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Charles Foti, Jr.Adam Sullivan business mainstream:perspective

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CORE SCIENTIFIC (CRWV) DROPS 17.6% ON ALL-STOCK MERGER DEAL

https://media.zenfs.com/en/insidermonkey.com/8ee1cb456950afcc12cf2939d7c9a04d

✍️ CoreWeave acquires Core Scientific for $9 billion, causing Core Scientific's stock to drop 17.61%.

-- #AdamSullivan #business

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Adam Sullivan business mainstream:perspective