CoreWeave $9B all-stock merger failed
Company: Core Scientific
What the later record shows
Not a promise: a reported event · happened October 30, 2025
The claim, made in August 2026, reports a past event. The October 30, 2025 releases confirm the merger vote failed and the agreement was terminated.
“the Company did not receive the requisite number of votes to approve the previously announced merger agreement with CoreWeave, Inc. (Nasdaq: CRWV).”
2025-10-29 · core-scientific 8-K exhibit (ef20057993_ex99-1.htm) View cached copy (2026-09-27)Live source ↗
“On October 30, 2025, pursuant to and in accordance with the merger agreement, Core Scientific terminated the merger agreement with CoreWeave, effective immediately.”
2025-10-29 · core-scientific 8-K exhibit (ef20057995_ex99-1.htm) View cached copy (2026-09-27)Live source ↗
Checked October 10, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.
The claim, verbatim
CoreWeave's July 2025 all-stock deal valued at $9 billion was voted down by Core Scientific shareholders in October 2025
Source (primary)
Core Scientific’s $24B AI Contracts Don’t Settle The Leverage Debate - BlockchainReporter (-, news_article)
View cached copy (2026-08-31)Live source ↗Archive.org ↗
Quote: “The July 2025 all-stock deal was valued at roughly $9 billion when announced, but the fixed-exchange structure lost value as CoreWeave's stock declined, and Core Scientific shareholders voted the merger down in October 2025.”
How we checked this
Checked on October 11, 2026. The cited source supports every part of this claim.
The article says CoreWeave's July 2025 all-stock deal was valued at roughly $9 billion when announced and that Core Scientific shareholders voted it down in October 2025. It also notes the $9 billion figure was approximate and applied at announcement, since the deal lost value as CoreWeave's stock fell.
Confirmed in the source:
- CoreWeave proposed an all-stock deal to acquire Core Scientific in July 2025
- The deal was valued at roughly $9 billion when it was announced
- Core Scientific shareholders voted the merger down in October 2025
What we did: Read our cached copy of the publisher (https://blockchainreporter.net/core-scientifics-24b-ai-contracts-dont-settle-the-leverage-debate/) in full (9,151 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Core Scientific’s $24B AI Contracts Don’t Settle The Leverage Debate - BlockchainReporter
Quote: “The July 2025 all-stock deal was valued at roughly $9 billion when announced, but the fixed-exchange structure lost value as CoreWeave's stock declined, and Core Scientific shareholders voted the merger down in October 2025.”