Core Scientific Faces Shareholder Backlash Over Proposed Sale to CoreWeave, Stock Plunges 18%

Reuters

Sep 29

<a href="https://laohu8.com/S/CORZ">Core Scientific</a> Faces Shareholder Backlash Over Proposed Sale to <a href="https://laohu8.com/S/CRWV">CoreWeave</a>, Stock Plunges 18%

Core Scientific Inc. has announced a deal to be acquired by its main customer, CoreWeave Inc. The agreement comes as Core Scientific continues to leverage demand for high-performance computing infrastructure, benefitting from its significant scale and access to low-cost power. Despite strategic interest, the transaction has drawn criticism over its pricing and structure, with concerns that it exposes Core Scientific shareholders to the volatility of CoreWeave's stock. The company stated that it sees strategic merit in the combination, citing the potential for growth in the sector. Core Scientific's board approved the deal without seeking alternative offers.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Core Scientific Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: NE85208) on September 29, 2025, and is solely responsible for the information contained therein.

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While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Core Scientific Inc. published the original content used to generate this news brief via PR Newswire (Ref. 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Core Scientific Inc. published t","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"CORZ":"Core Scientific, Inc.","BK4116":"互联网服务与基础架构","BK4023":"应用软件","CRWV":"CoreWeave, Inc.","BK4608":"AI应用概念股"},"translate_title":"Core Scientific因拟出售给CoreWeave而面临股东强烈反对，股价暴跌18%","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"CORZ":0.9,"CRWV":0.9},"content_text":"Core Scientific Faces Shareholder Backlash Over Proposed Sale to CoreWeave, Stock Plunges 18%\n    \n\nCore Scientific Inc. has announced a deal to be acquired by its main customer, CoreWeave Inc. The agreement comes as Core Scientific continues to leverage demand for high-performance computing infrastructure, benefitting from its significant scale and access to low-cost power. 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