Big news in the world of Bitcoin! A company that helps mine Bitcoin, called Core Scientific, saw its stock price drop. This happened because another company, CoreWeave, which Core Scientific works with, had some problems.
CoreWeave helps big companies like Microsoft use powerful computers. Microsoft is a huge customer, but it seems they're a bit worried about CoreWeave meeting deadlines.
This is important because it shows how connected different parts of the tech world are, especially when it comes to Bitcoin and powerful computers.
- Microsoft is a very important customer for CoreWeave.
- CoreWeave builds huge data centers to help power Artificial Intelligence (AI).
- Core Scientific's stock price fell because of problems at CoreWeave.
| Fact | Number |
|---|---|
| Core Scientific's stock drop | 15% |
| Microsoft's planned spending on CoreWeave | Over $10 billion |
| CoreWeave's 2024 revenue | $1.9 billion |
