CoreWeave Just Valued Core Scientific Like It's 2021 Again
1. Core Scientific's shares dropped nearly 21% following CoreWeave's acquisition announcement. 2. The acquisition values Core Scientific at $9 billion, over $20 per share. 3. Investors skeptical about combining crypto mining with high-growth AI sectors. 4. Market conditions remain unfavorable for Bitcoin miners due to regulatory pressures. 5. CoreWeave faces doubts about high crypto valuations in 2025 market conditions.