Key Notes

The failed merger would have valued Core Scientific at $20.40 per share in an all-stock transaction announced in July 2025.

Core Scientific stock rose over 5% following the stockholder rejection, currently trading above the proposed merger price at $21.99.

CoreWeave stated it will maintain its commercial partnership with Core Scientific despite the deal's defeat by shareholder vote.

A planned merger between Bitcoin mining firm Core Scientific and artificial intelligence and cloud data center CoreWeave has been called off after a stockholder vote held on Oct. 30.

According to the initial terms reported back in July, CoreWeave was slated to purchase Core Scientific in an all-stock deal for $20.40 per share at a total valuation of approximately $9 billion.

Stockholders Reje

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