In breaking news, according to CoinDesk, the cryptocurrency mining company Core Scientific has rejected a $1 billion acquisition offer from the cloud computing company CoreWeave. The board of Core Scientific believes that CoreWeave’s bid of $5.75 per share for the purchase of Bitcoin (BTC) mining machines severely undervalues the company’s worth.
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Source link:
https://www.coindesk.com/business/2024/06/06/core-scientific-rejects-coreweave…
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Core Scientific rejects CoreWeaves 1 billion acquisition offer
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Core Scientific rejects CoreWeaves 1 billion acquisition offer