A planned merger between Bitcoin mining firm Core Scientific and artificial intelligence and cloud data center CoreWeave has been called off after a stockholder vote held on Oct. 30.
According to the initial terms reported back in July, CoreWeave was slated to purchase Core Scientific in an all-stock deal for $20.40 per share at a total valuation of approximately $9 billion.
Stockholders Reject Merger Deal
According to the US Securities and Exchange Commission (SEC), CoreWeave did not receive the requisite number of votes needed to approve the merger during the special meeting held on Oct. 30.
$CORZ Acquisition by CoreWeave $CRWV TERMINATED:https://t.co/ncewJNqnkq pic.twitter.com/8IzDGXADAI
— Filing Tracker (@TrackFilings) October 30, 2025
Core Scientific CEO Michael Intrator was magnanimous over the deal’s defeat saying, in a press release, that CoreWeave respects the views of Core Scientific stockholders and looks forward to continuing the firms’ commercial partn
We współpracy z: https://www.coinspeaker.com/core-scientific-shareholders-vote-against-9b-coreweave-merger/
