Kuruv – Once coded currency worker Now, the infrastructure provider of the spontaneous organization – in the acquisition of Core Scientific, is said, after an increase previously rejected last year of Bitcoin Mining Company.
The acquisition of the company can be completed, The Wall Street Journal I mentioned On Thursday, quoting sources with the knowledge of the discussions. No financial details have been provided, although the offer must explain the rapid expansion of Core Scientific over the past year.
Core Scientific shares have increased more than 23 % on the news, with trading stopping temporarily after the magazine report.
In the current values, the basic obtains the market value of $ 3.6 billion.
Related to: Best Bitcoin miners produced approximately $ 800 million from BTC in Q1 2025
Core Scientific since the previous acquisition attempt
As the magazine stated, Coreweave $ 5.75 offered a per share at a core sciety last year, where he evaluated bitcoin workers at about one billion dollars.
At that time, Core Scientific rejected the offer, expressing his preference to deepen her current partnership with Coreave, which included An agreement of $ 1.225 billion To enhance GPUS NVIDIA infrastructure support.
Core Scientific decision to reject the offer he finally paid, as his shares are now trading three times the original offer.
like Cointelegraph mentionedThe company’s profits in the first quarter are more than twice, with net income reaches $ 580 million. However, revenues are less than analysts’ expectations, reaching $ 79.5 million. Most of these revenues ($ 67.2 million) were self -enhanced.
Like other bitcoin miners, CORE attributed its decreases and mining to the quadruple half in April 2024, which reduced the bitcoin mining bonuses to 3.125 Bitcoin (BTC) From 6.25 BTC.
Core Scientific as the largest Bitcoin Bitcoin holder, with 977 BTC in its books, according to the industry Data.
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