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Market
Will Core Scientific's stock increase by 20% or more by end of 2024?
3
Resolution / Starting Odds
No • 50%
Yes • 50%
Public stock market data from financial news sources like Bloomberg or Yahoo Finance
Story
Bitcoin Miner Core Scientific Expands Nvidia-Backed Deal with CoreWeave for $6.7B AI and HPC Infrastructure
Aug 6, 2024, 04:21 PM
Core Scientific, a Bitcoin miner, has announced the exercise of an additional contract option by Nvidia-backed CoreWeave for the delivery of approximately 112 MW of additional infrastructure to host high-performance computing operations. This expansion is expected to provide Core Scientific with an additional $2 billion in revenue over the next 12 years, bringing the total value of the agreement to approximately $6.7 billion. The contract has significantly boosted Core Scientific's stock, highlighting its strategic pivot towards AI and high-performance computing.
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Yes • 50%
No • 50%
Decrease by 10% or more • 25%
No significant change (within -10% to +10%) • 25%
Increase by 10% to 20% • 25%
Increase by more than 20% • 25%
