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CoreWeave Secures $555M Loan for AI Infrastructure Expansion, Stock Jumps 8.05%

CoreWeave Secures $555M Loan for AI Infrastructure Expansion, Stock Jumps 8.05%

Published:
2025-12-05 12:24:02
22
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BTCCSquare news:

CoreWeave shares surged 8.05% following the announcement of a $555 million loan facility from GLAS USA, earmarked for a $1.8 billion data center conversion project in New Jersey. The MOVE signals robust institutional confidence in AI infrastructure demand, despite the stock trading 50% below its 2025 peak.

The 250-megawatt facility, repurposed from a Merck R&D complex, positions CoreWeave to capitalize on its $55.6 billion service backlog. Revenue hit $1.36 billion in Q3 2025, though GAAP losses persist—a tradeoff markets appear willing to tolerate for growth in specialized cloud capacity.

Diverging signals emerge in capital flows: Sapphire Ventures and other institutional buyers accumulate positions even as insiders liquidate shares. The dichotomy reflects debate over valuation for one of next year's most anticipated AI infrastructure plays.

|Square

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