Core Scientific (NASDAQ: CORZ ) stock is a hot topic on Thursday after the Bitcoin ( BTC-USD ) mining company rejected a takeover offer from CoreWeave. According to Core Scientific, it received this unsolicited offer from CoreWeave on Monday.
Core Scientific (NASDAQ: CORZ ) stock is climbing today on news that the Bitcoin ( BTC-USD ) mining company may be acquired by CoreWeave in a $1 billion offer. Indeed, CORZ stock is up more than 40% at the time of this writing as investors weigh the all-cash offer.
A company best known for its bitcoin-mining technology is seeing its stock get a huge boost after announcing a deal with a hot private artificial-intelligence company — and there's an Nvidia Corp. link.
CORZ stock is soaring over 30% after the Bitcoin miner announced a new hosting deal with AI hyperscaler CoreWeave.