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CoinOtag 2025-12-08 21:08:07

From ETH Mining Origins, CoreWeave Pursues $2B Raise for AI Infrastructure Expansion

CoreWeave is raising $2 billion through a convertible senior note offering due in 2031 to expand its AI infrastructure, following a failed acquisition attempt of Core Scientific for additional power capacity. Proceeds will support general corporate needs and capped-call transactions to minimize shareholder dilution. Funding Details: $2 billion private offering with an option for $300 [...]

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