This tech giant just made a bold move! 🤯 CoreWeave's $9 billion all-stock

@finbitedaily7 This tech giant just made a bold move! 🤯 CoreWeave's $9 billion all-stock acquisition of Core Scientific has sent shockwaves through the market, with CoreWeave's shares tumbling 3% post-announcement. Core Scientific shareholders are getting a whopping 66% premium, but will own less than 10% of the combined company. This strategic merger aims to eliminate nearly $10 billion in future lease commitments and gain control of 1.3 gigawatts of data center capacity, with plans for another gigawatt. The big twist? CoreWeave might sell off Core Scientific #creatorsearchinsights ♬ original sound - FinbiteDaily