cancelled
CoreWeave's $9B all-stock bid for Core Scientific (rejected)
CoreWeave agreed to buy data center operator Core Scientific in an all-stock deal valued at about $9 billion to own the power and sites behind its leases. Core Scientific shareholders voted it down on 30 October 2025 and the merger was terminated.
- Value
- $9B1
- Capacity
- n/d
- Term
- n/d
- Accelerators
- n/d
What the value means
About $9 billion all-stock; 0.1235 CoreWeave shares per Core Scientific share, implying $20.40 per share at announcement.
The record
Verified 9 Nov 2026- Announced
- Buyer
- CoreWeave
- Seller / provider
- Core Scientific
- ValueHeadline dollar value exactly as stated in the cited source.
- 9,000,000,000 USD
- Capacity
- Not disclosed
- Accelerators
- Not disclosed
- Chips
- Not named
- Term
- Not disclosed
- StatusTerminated or rejected
- cancelled
- Other parties
- Two Seas Capital (activist Core Scientific investor, opposed); ISS recommended against
- Deal type
- datacenter-acquisition, neocloud
Sources
4- Core Scientific shareholders dismiss $9B CoreWeave deal (SiliconANGLE) read 2026-11-09
- CoreWeave's acquisition of Core Scientific fails (Yahoo Finance) read 2026-11-09
- CoreWeave to acquire Core Scientific, 8-K Ex. 99.1 (SEC, 7 Jul 2025) read 2026-11-09
- CoreWeave Form 8-K on merger termination (SEC, 30 Oct 2025) read 2026-11-09
Cite this deal
AI Compute Deals, “CoreWeave's $9B all-stock bid for Core Scientific (rejected)”, https://aicomputedeals.com/coreweave-core-scientific-acquisition-2025-07/ (verified 2026-11-09).
Data under CC BY 4.0. Download the full ledger.
Every deal for CoreWeave and Core Scientific.