US Stock Market Move | Core Scientific (CORZ.US) rose by over 9%, with a total market value exceeding $4.8 billion.
As of the time of writing, the stock has risen over 9%, to $15.85.
Core Scientific (CORZ.US) stock price has risen, with the stock up over 9% to $15.85 as of the time of writing. The total market value exceeds $4.8 billion. The company's stock has risen in line with CoreWeave (CRWV.US). On July 7, 2025, CoreWeave and Core Scientific reached an all-stock acquisition agreement. Core Scientific shareholders will receive 0.1235 shares of CoreWeave Class A common stock for each share of Core Scientific common stock they hold, with the entire transaction valuing around $9 billion.
Core Scientific's largest shareholder, Two Seas Capital LP, has publicly opposed this deal, citing concerns about the transaction structure that could potentially expose Core Scientific shareholders to excessive risks. An exact date has not yet been announced, but it is widely expected in the market that a shareholder vote in the fall of 2025 will decide whether to proceed with the acquisition.
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