Core Scientific: Merger Doubt, Bright Future?
Update: 2025-10-23
Description
Core Scientific's merger in jeopardy? Roth MKM says Buy! despite likely deal collapse, fueled by shareholder opposition and advisors rejecting CoreWeave's offer. Analyst sees hidden gold in Core Scientific's uncontracted power capacity, hiking price target to $23.50. Is a standalone future brighter, powered by data centers and Bitcoin mining, or will risks like volatile Bitcoin prices dim the outlook?
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