Core Scientific (CORZ) has rejected an “unsolicited” $1 billion buyout offer from CoreWeave, deeming it significantly undervalued and not in the best interests of its shareholders. The proposal, which offered $5.75 per share, came shortly after the two companies signed a series of 12-year contracts for Core Scientific to provide 200 megawatts of infrastructure to […]

The post Core Scientific upholds deal with CoreWeave amid rejecting $1 billion ‘unsolicited’ buyout appeared first on CryptoSlate.