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Core Scientific CORZ Stock Rises 5% Following Rejected $9 Billion CoreWeave Acquisition Deal

Core Scientific CORZ shares surged 5% after the company rejected a massive $9 billion acquisition offer from CoreWeave. The Bitcoin mining firm's decision to remain independent sparked positive market reaction, demonstrating investor confidence in Core Scientific's standalone growth strategy and Bitcoin mining operations. The rejected merger highlights the growing valuation of cryptocurrency mining companies amid increasing institutional interest in blockchain infrastructure.
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