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CoreWeave Makes Power Play: Acquires Core Scientific in All-Stock Deal Shaking Up Crypto Infrastructure

CoreWeave Makes Power Play: Acquires Core Scientific in All-Stock Deal Shaking Up Crypto Infrastructure

Author:
Blockworks
Published:
2025-07-07 22:34:15
10
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CoreWeave to acquire Core Scientific in all-stock deal

Another day, another consolidation play in the crypto infrastructure arms race.

CoreWeave just bulldozed its way into the big leagues with an all-stock acquisition of mining giant Core Scientific—no cash needed, just good old-fashioned equity swaps. Because why spend actual money when you can print your own valuation?

The deal terms? Classified. The implications? Massive.

This isn't just about rack space and ASICs—it's about vertical integration in an industry where the house always wins. CoreWeave gets instant scale, Core Scientific gets a lifeline, and Wall Street gets another 'blockchain play' to pump before the next earnings call.

One thing's certain: in the high-stakes poker game of crypto infrastructure, the pot just got a whole lot bigger. Now watch every VC in Silicon Valley scramble to find 'the next CoreWeave' before the music stops.

|Square

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