🎉 Hey Gate Square friends! Non-stop perks and endless excitement—our hottest posting reward events are ongoing now! The more you post, the more you win. Don’t miss your exclusive goodies! 🚀
🆘 #Gate 2025 Semi-Year Community Gala# | Square Content Creator TOP 10
Only 1 day left! Your favorite creator is one vote away from TOP 10. Interact on Square to earn Votes—boost them and enter the prize draw. Prizes: iPhone 16 Pro Max, Golden Bull sculpture, Futures Vouchers!
Details 👉 https://www.gate.com/activities/community-vote
1️⃣ #Show My Alpha Points# | Share your Alpha points & gains
Post your
CoreWeave is in talks for the acquisition of Core Scientific, whose stock price has risen by 32%.
Gate News bot message, CoreWeave Inc. is in talks for the acquisition of data center operator Core Scientific Inc., whose stock price surged by 32% at one point.
The Wall Street Journal reported on Thursday that if all goes well, the two sides may reach an agreement in the coming weeks. The report cited unnamed sources familiar with the matter, stating that the specific terms remain unclear.
CoreWeave proposed an acquisition of Core Scientific for approximately $1 billion earlier last year. At that time, the two companies also announced a series of 12-year contracts under which Core Scientific would provide approximately 200 megawatts of infrastructure to support CoreWeave's operations.
On Thursday, Core Scientific's stock price surged to $16.18, marking the largest intraday gain since June 2024. Its current market capitalization is approximately $4.4 billion.
As of Wednesday's closing, the stock has fallen 12% so far this year.
Source: Bloomberg