Core Scientific Rises 0.83% as Trading Volume Hits 424th Rank Amid Merger Hurdles

On August 11, 2025, Core Scientific (NASDAQ: CORZ) traded with a volume of $0.24 billion, ranking 424th in market activity. The stock rose 0.83%, closing at $14.60, despite ongoing uncertainties surrounding its proposed acquisition by CoreWeave. The deal, announced in July, faces challenges as CoreWeave’s share price has declined by roughly a third since June, reducing the implied value of Core Scientific’s shares. Major shareholder Two Seas Capital, which owns 6.3% of Core Scientific, has publicly opposed the terms of the all-stock transaction, calling it unfair to investors. The shareholder’s stance reflects concerns over CoreWeave’s high debt load and reliance on Microsoft as a key client, which have fueled investor skepticism about the merger’s viability.

While CoreWeave’s struggles weigh on the deal’s outlook, a potential catalyst emerged from its AI infrastructure peer Nebius. Nebius reported a sevenfold revenue surge, driving a 30% stock rally. This performance briefly lifted CoreWeave shares by 7.1% to $129.54, offering a glimmer of optimism for the acquisition. However, analysts caution that Nebius’s smaller revenue base limits the durability of this momentum. The market will closely watch CoreWeave’s August 14 IPO lockup expiration and its upcoming earnings report to gauge whether the deal can regain traction. For now, Core Scientific’s valuation remains under pressure as stakeholders demand revised terms to address current market conditions.

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