CoreWeave's $9B all-stock deal for Core Scientific, later voted down by shareholders

CoreWeave agreed on July 7, 2025 to buy data-center operator Core Scientific, its biggest landlord, in an all-stock deal valued at about $9B to own 1.3 GW of power capacity. Core Scientific shareholders rejected the deal on October 30, 2025 after CoreWeave's share price fell, and the companies went back to being landlord and tenant.