Compute market / 1 dealThe compute board
Who is paying whom for compute.
Capacity contracts, loans against chips, backstops, stakes, leases, chip supply, power and acquisitions. Every row is dated, says what kind of document it comes from, and links to it.
| Announced | Deal | Parties | Type | Value | Terms | Source |
|---|---|---|---|---|---|---|
| 7 Jul 2025 | CoreWeave agrees to acquire Core Scientific in an all-stock deal; Core Scientific holders vote it down and the merger is terminatedTerminatedWould have given CoreWeave ~1.3 GW of gross power (~840 MW supporting CoreWeave HPC contracts, ~500 MW crypto mining) and eliminated >$10B of future lease payments over 12 years. Core Scientific stockholders did not approve it at the 2025-10-30 special meeting; Core Scientific terminated the merger agreement that day (CoreWeave 8-K 2025-10-31). Core Scientific had rejected an earlier unsolicited CoreWeave proposal in June 2024. |
| Acquisition | $9BImplied total equity value of approximately $9.0B as of July 3, 2025 (0.1235 CRWV shares per CORZ share, fully diluted, CoreWeave 5-day VWAP). | 1,300 MW | CoreWeave 8-K Ex. 99.1, 2025-07-07Regulatory filing |
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- Every row is a deal read in its source, and links to that source.
- Every row says what kind of document it comes from: a regulatory filing, the company’s own release, an earnings call, or a news report. A news report stays a news report until a filing confirms it.
- Values are the headline figures as the parties disclosed them, in US dollars, unadjusted. “Undisclosed” means they did not say.
- The end date is the start plus the term, worked out here — it is not a reported figure.
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