Core Scientific

Core Scientific (CORZ) Skyrockets on Bitcoin Boom and $9B Deal Drama – Latest News & Analysis

Stock Price & Recent Performance Core Scientific’s stock has been on a tear in 2025. It closed at $21.54 on October 31 (Friday) finviz.com, capping a weekly jump after the shareholder vote drama. At this level, CORZ trades just a few percent shy of its record high (~$22.12) and has skyrocketed ~250% from its 52-week low finviz.com. The rally has greatly outpaced the broader market, with shares up about 50–60% year-to-date and over 140% in the past six months finviz.com. Much of this momentum is tied to Bitcoin’s resurgence – as the cryptocurrency’s price soared to new all-time highs (~$125K)

2 November 2025

Core Scientific Rises as Bitcoin Booms and CoreWeave Deal Fails, Focus Shifts to AI Data Centers

Core Scientific’s stock found itself in focus after the dramatic breakdown of a planned merger. On Oct. 30 shareholders rejected CoreWeave’s $9 billion all-stock bid reuters.com datacenterdynamics.com. Core Scientific said in a press release that it “did not receive the requisite number of votes” and therefore terminated the merger agreement, effective immediately businesswire.com. The result came after weeks of proxy battles: major holder Two Seas Capital (with ~6% of CORZ) led a campaign saying the deal “materially undervalues” Core Scientific reuters.com, and ISS likewise urged a no-vote, reasoning that Core Scientific “has performed well on its own” and can keep growing

30 October 2025

AI Data Centers · Bitcoin · Business News · Cryptocurrency · Tech Industry