Shares of crypto miners Applied Digital Corp (NASDAQ:APLD), Galaxy Digital Inc (NASDAQ:GLXY) and IREN Ltd (NASDAQ:IREN) all closed higher Thursday in sympathy with Core Scientific Inc (NASDAQ:CORZ). Core Scientific’s stock gained on reports that AI cloud firm CoreWeave Inc (NASDAQ:CRWV) is in discussions to acquire it.
What To Know: According to the Wall Street Journal, a deal could be finalized soon. This news comes after CoreWeave made an unsuccessful bid for Core Scientific a year ago at $5.75 per share.
The Bitcoin (CRYPTO: BTC) miner’s shares now trade at more than double that price. Core Scientific operates one of North America’s largest digital infrastructure platforms and has a 12-year hosting partnership with CoreWeave.
The positive sentiment lifted other …