Core Scientific Stock Primed for 100% Surge as CoreWeave Revives Buyout Buzz
Mining rigs to money printers? Core Scientific's share price is flashing buy signals as whispers of a CoreWeave takeover resurface—because nothing fuels a rally like speculative M&A drama.
Why the sudden interest? The AI boom's insatiable appetite for compute power just turned bitcoin miners into hot commodities. CoreWeave's rumored return to the negotiating table suggests their GPU farms might need some blockchain-flavored infrastructure.
Wall Street's playing catch-up. Analysts who dismissed bitcoin mining stocks six months ago are now scrambling to adjust price targets—classic "buy high, sell low" institutional wisdom.
The cynical take: This potential 2x moonshot has less to do with fundamentals and everything to do with traders front-running the next crypto-adjacent hype cycle. But hey, profits over purity, right?