According to Odaily Planet Daily, crypto mining company Core Scientific rejected a $1 billion acquisition offer from cloud computing company CoreWeave. The board of directors of Core Scientific believes that CoreWeave's offer to acquire Bitcoin mining machines at $5.75 per share seriously underestimates the company's value. Despite this, the two companies signed a 200-megawatt agreement to host CoreWeave's high-performance computing (HPC) services. After the news came out, Core Scientific's stock price rose nearly 40% on Tuesday.
