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Jefferies has revised its price target for Core Scientific, raising it from $16 to $22 while reaffirming its buy rating amidst ongoing valuation issues related to the CoreWeave acquisition.
Two Seas Capital has announced its opposition to Core Scientific's acquisition proposal by CoreWeave, highlighting concerns about deal structure and shareholder risk.
Analysts at JPMorgan believe that CoreWeave's buyout of Core Scientific sets a new valuation benchmark for bitcoin mining companies, although they caution it may be a unique event.
Analysts predict shareholder approval for Core Scientific's acquisition by CoreWeave, proceeding without expected delays.
CoreWeave aims to purchase Core Scientific for $20.40 per share, as concerns arise over the valuation and terms of the deal.
Core Scientific's stock plummets following the announcement of its acquisition by CoreWeave, aligning with the latter's strategy to enhance its infrastructure.
CoreWeave has announced a significant stock deal to acquire Core Scientific, marking a notable merger in the cryptocurrency sector.
A recent report from Cantor Fitzgerald suggests that the valuation of Bitcoin miner Core Scientific could soar past $30 due to its pivotal role in AI infrastructure, as it engages in acquisition discussions with CoreWeave.
Bitcoin miner stocks surge following the announcement of potential acquisition discussions.
Experts discuss how CoreWeave's upcoming IPO could influence its partnership with Core Scientific amid significant market changes.
Core Scientific, the bitcoin mining company, experiences a significant drop in shares following Microsoft's decision to withdraw from certain agreements.
Core Scientific's shares plummeted 18% following reports of Microsoft scaling back its partnership with CoreWeave, a firm critical to its operations.
Core Scientific announces Jim Nygaard as the new CFO, following the contributions of outgoing CFO Denise Sterling, as shares see a 2% rise in pre-market.
Core Scientific's stock increased significantly as the company announced plans for a major expansion with CoreWeave to boost AI capabilities and revenues.
A report highlights that Core Scientific shares are now trading at a significant discount due to market fluctuations.
Core Scientific's CEO leads an innovative shift as bitcoin miners adopt AI computing technologies.
Jefferies has rated Core Scientific as a 'buy' with a price target of $19, highlighting the company's strong potential in capturing demand from AI sectors.
Core Scientific is enhancing its AI capabilities as bitcoin mining remains challenging, with insights from the company's chief development officer.
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