Core Scientific’s Major Investor Plans to Reject CoreWeave’s $9 Billion Acquisition Offer

A leading investor in Core Scientific, a cryptocurrency mining firm, has publicly stated their intention to vote against the proposed acquisition by CoreWeave, a cloud computing infrastructure company. The investor believes that the current $9 billion offer significantly undervalues Core Scientific and fails to account for its future potential. This investor’s vote is expected to carry considerable weight and could potentially influence the overall outcome of the shareholder vote on the deal. This opposition comes at a crucial time for Core Scientific, which is looking to recover from past financial difficulties and capitalize on the increasing demand for cryptocurrency mining.