According to @DeepLearningAI, financial services firm Cantor Fitzgerald has issued a research note suggesting Core Scientific's (CORZ) stock could exceed $30 per share in a potential acquisition by AI cloud firm CoreWeave. This valuation is based on the long-term cash flows from a 12-year, $3.5 billion AI infrastructure deal with CoreWeave and the replacement value of Core Scientific's data centers, representing a potential doubling from its recent price. The analysis aligns with a broader industry trend, highlighted by Rittenhouse Research, where Bitcoin (BTC) miners are pivoting to AI infrastructure for more stable revenue streams compared to the volatile crypto mining market. This strategic shift is further evidenced by HIVE Digital Technologies (HIVE), which is acquiring a 7.2-megawatt data center in Toronto to establish a sovereign AI hub. However, not all pivots are successful, as seen with Bit Digital's stock drop after shifting to Ethereum (ETH) staking and Canaan's shuttered AI chip unit.

According to @StockMKTNewz, investment firm Cantor Fitzgerald has issued a research note suggesting that Bitcoin (BTC) miner Core Scientific (CORZ) could be valued at over $30 per share in a potential acquisition by cloud compute firm CoreWeave. This valuation is based on a significant 12-year, $3.5 billion infrastructure lease for CoreWeave to use 200 megawatts of AI capacity, which Cantor values at $24 per share, plus an additional $11.70 per share for the replacement value of CORZ's power infrastructure. This move highlights a broader trend analyzed by Rittenhouse Research, where crypto mining companies are pivoting their infrastructure to the high-demand AI compute market for more stable, long-term cash flows compared to the volatile BTC mining industry. Concurrently, Senator Cynthia Lummis has introduced the RISE Act of 2025, a bill that would require AI developers to disclose technical details and limitations to avoid civil liability, promoting transparency in the same AI sector that crypto miners are now entering. However, the report also notes that such pivots are not always successful, citing the stock declines of Bit Digital and Canaan after their strategic shifts away from BTC mining.