Big news in the world of Bitcoin mining! A company called Core Scientific, which uses computers to create Bitcoin, had some problems. They work with another company, CoreWeave, that helps businesses with powerful computers. Microsoft, a giant tech company, is a big customer of CoreWeave.
- Microsoft reduced its work with CoreWeave.
- This made Core Scientific's stock price go down by 10%.
- CoreWeave is trying to get more money by becoming a public company.
- Even though Microsoft cut back, they still give CoreWeave a lot of business.
| Fact | Number |
|---|---|
| CoreWeave's goal for new money | $4 billion |
| Microsoft's share of CoreWeave's business | 65% |
| Possible future payment from Microsoft to CoreWeave | $10 billion |
This shows that even big companies in the tech world face challenges. Bitcoin mining companies are looking for new ways to make money beyond just Bitcoin.
