- Protection Fund
  1,000 BTC Protection Fund to safeguard your assets
- Career
  Join WEEX and build the future with top experts
- WXT Zone
  Exclusive fee rates and free airdrops await
- Announcement Center
  Stay ahead with WEEX updates
- Elite Trader
  Share your strategies and earn rewards
- Crypto Wiki
  Master trading with simple trading guides for everyone
- Affiliate
  Unlock exclusive perks and high commissions
- Crypto News
  Stay on top of the latest crypto trends
- Official Verification
  Use official channels to protect your account
- VIP Perks
  Become a WEEX VIP today
- Events Calendar
  Discover highlights of WEEX's events around the world
Buy Crypto
- Quick Buy
  Buy with Visa, Mastercard, Apple Pay, Google Pay
- P2P Trading
  Buy crypto with 0 fees
Markets
Futures
- USDT-M Futures
  Perpetual futures settled in USDT
- Demo Trading
  USDT-M futures demo
- About Futures
  About futures trading features
- Leaderboard
  Current & past leaderboards
Spot
Copy Trade
WE-Launch

Scan to download
More options

Mine Operator Core Scientific Terminates Merger with CoreWeave

By: theblockbeats.news|2025/10/30 14:48:02

BlockBeats News, October 30, Core Scientific, a US-listed mining company, announced the termination of its merger with CoreWeave.

BlockBeats previously reported that on August 8, Core Scientific's largest shareholder, Two Seas Capital, announced that they would vote against the all-stock sale to CoreWeave, stating that the transaction was undervalued and had significant structural flaws.

In July of this year, CoreWeave announced the acquisition of digital infrastructure company Core Scientific through an all-stock transaction. The agreed per-share value of this transaction was $20.40. The agreed-upon exchange ratio implied a company valuation of approximately $9 billion.

Bitcoin Reclaims $108,000, Ethereum Surges Above $3,800

Report: Social Engineering Scams Remain the Biggest Threat to Cryptocurrency Users in 2025