Amid the tightening sector, other Bitcoin mining operations have also lent their data warehouses out to AI companies, which require large amounts of computing power for tasks such

Though the market largely lambasted the deal (CoreWeave and Core Scientific were down more than 3% and 17%, respectively, on Monday following the announcement), the acquisition is the latest in a line of big-ticket AI M&A announcements this year.

Eight months have passed since the Denton City Council approved amendments to the power purchase agreements and land lease with Core Scientific to shift the Austin-based company's bitcoin mining opera