Core Scientific is a large-scale owner and operator of digital infrastructure focused on bitcoin mining and hosting services in North America.

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Core Scientific is among the Bitcoin miners trying to take advantage of a shortage in data center space and large amounts of power amid the AI boom to expand beyond crypto
The deal comes after The Wall Street Journal reported last month that CoreWeave was in talks to acquire Core Scientific, which according to its website is one of the largest owners and operators of high-powered digital infrastructure for bitcoin mining and hosting services in North America.

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