"I think over the next 90 days, you'll see them announce greater than a hundred megawatts of deals,"
"It would show that there was a lot more value to be tapped there than we were getting paid for under the CoreWeave deal."
"does not comment on market rumors or"
Trip Miller, founder and managing partner of Gullane Capital Partners, expects Core Scientific to announce more than 100 megawatts of leases within 90 days and roughly 400 megawatts this year. Miller opposed CoreWeave's stock-conversion acquisition offer, arguing it undervalued Core Scientific. The CoreWeave purchase was initially valued around $9 billion and fell to about half that value as CoreWeave shares declined. Shareholders rejected the deal in a vote on October 30. A 47-gigawatt power gap is fueling expectations that crypto miners will repurpose operations toward AI workloads. Core Scientific declined to comment on market rumors.
Read at Business Insider
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