Core Scientific’s Third-Largest Investor Revolts Against CoreWeave Deal – Bitcoin Miner Faces Shareholder Backlash

Bitcoin mining giant Core Scientific hits a snag as its third-biggest shareholder digs in against the proposed CoreWeave acquisition. The move signals brewing turbulence in the high-stakes infrastructure wars of 2025.

Why the pushback? While details remain scarce, the dissent suggests internal fractures over strategic direction—just as AI demand gobbles up data center capacity. Some investors clearly prefer hodling mining rigs over pivoting to cloud services.

The bigger picture: Public miners face brutal calculus this cycle—chase hyperscaler paydays or stay married to volatile BTC rewards. Core Scientific’s dilemma mirrors the industry’s identity crisis. (And let’s be real—since when do Wall Street types agree on anything besides lunch reservations?)

One thing’s certain: When a top-three investor starts waving the red flag, boardroom drama isn’t far behind. The deal’s fate may hinge on whether CoreWeave sweetens the pot—or if Bitcoin’s price moons enough to make everyone forget this squabble.