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Crypto AI Pivot Flash News List | Blockchain.News
Flash News List

List of Flash News about Crypto AI Pivot

Time Details
2025-07-03
13:14
Core Scientific (CORZ) Stock Price Forecast to Hit $30 on AI Pivot, Cantor Fitzgerald Reports

According to @DeepLearningAI, investment firm Cantor Fitzgerald has issued a research note projecting that crypto miner Core Scientific (CORZ) could reach over $30 per share in a potential acquisition by AI cloud provider CoreWeave. This optimistic forecast is based on valuing a 12-year, $3.5 billion AI infrastructure lease at $24 per share and the replacement value of its 570MW of power infrastructure at an additional $11.70 per share. The move represents a strategic pivot from volatile Bitcoin (BTC) mining towards more stable, long-term cash flows from AI, a trend also highlighted by Rittenhouse Research. This contrasts with other miners like Bit Digital and Canaan, whose pivots have been less successful, with their stock prices falling significantly. Separately, U.S. Senator Cynthia Lummis has introduced the RISE Act, which would require AI developers to disclose technical specifications to limit liability, a development with significant implications for crypto and tech firms expanding into the AI sector.

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