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Core Scientific shareholders vote down CoreWeave's all-stock acquisition offer
Core Scientific's shareholders voted against CoreWeave's all-stock takeover on October 30, 2025, and the merger agreement was terminated. The deal would have given CoreWeave ownership of the data centers it leases from the former bitcoin miner; the two said they would keep their commercial partnership.
- Shareholders rejected CoreWeave's all-stock acquisition of Core Scientific on October 30, 2025.
- CoreWeave had sought to own the data centers it operates under lease from Core Scientific.
- Both companies agreed to continue their commercial partnership post-termination.
- CoreWeave will pursue other strategic options to create long-term shareholder value.