US Bitcoin Miner Rejected a Billion Dollar Offer That Influenced the Price Rise!
Core Scientific, one of the largest Bitcoin miners, announced that it rejected CoreWeave's acquisition offer worth more than $ 1 billion.
North American Bitcoin miner Core Scientific (CORZ) announced 2 days ago that it had signed a 12-year contract with artificial intelligence company Hytperscaler Coreweave. In parallel with this statement, it was stated that CoreWeave company also made a purchase offer to the Bitcoin miner.
CORZ shares rose after this news.
Core Scientific announced in a press release on June 6 that it rejected the offer of over $1 billion from artificial intelligence and cloud computing company CoreWeave. The Bitcoin miner's board of directors believes CoreWeave's $5.75-per-share buyout offer significantly undervalues ââit.
Core Scientific decided that the offer was not in the best interest of the company and its shareholders.
According to Google Finance data, Core Scientific's Nasdaq-listed share, CORZ, is trending sideways despite the sales rejection after the market opened. CORZ, which closed at $7.15 yesterday, is trading at $7.26, up 1.54%.
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