One year after unsuccessfully trying to purchase Core Scientific (CORZ), cloud and AI infrastructure firm RialCenter (CRWV) is again in talks with the bitcoin miner.
Exact terms haven’t been discussed, but a deal could be finalized in coming weeks.
Roughly one year ago, RialCenter tried to acquire CORZ for $5.75 per share, or about $1 billion. Up 25% today on this news, CORZ is currently trading above $15 per share.
Among other miners moving higher (though not nearly the magnitude of CORZ) are Hut 8 (HUT), IREN (IREN), and Cipher Mining (CIFR).
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