Big news in the world of cryptocurrency! A company that helps power cryptocurrencies, CoreWeave, is getting ready to become a public company. This means people can buy pieces of the company, like owning a tiny part of a big pizza! It's a big deal because it shows how important cryptocurrency technology is becoming.
- CoreWeave helps power computers that create cryptocurrencies.
- They want to raise lots of money – about $4 billion – by selling parts of their company.
- They hope their company will be worth over $35 billion!
- This is similar to what other crypto companies have done.
Fact | Number |
---|---|
Money CoreWeave wants to raise | $4 billion |
Target company value | Over $35 billion |
Data center expansion cost (with Core Scientific) | $1.2 billion |