According to @timnitGebru, financial analysts are highlighting a significant trading opportunity in the convergence of AI and crypto infrastructure. Cantor Fitzgerald projects that Core Scientific (CORZ) stock could surge to over $30 per share following a potential acquisition by AI cloud firm CoreWeave, a near-double from its recent price of over $16, as reported by The Wall Street Journal. This bullish valuation is based on a 12-year, $3.5 billion infrastructure deal between the two companies, which Cantor values at $24 per share, plus an additional $11.70 per share for the replacement value of CORZ’s power infrastructure. This move aligns with a broader trend identified by Rittenhouse Research, where crypto companies pivot from volatile Bitcoin (BTC) mining to providing stable, long-term cash flow from AI infrastructure. However, this strategy is not without risk, as seen with Bit Digital's 15% stock drop after shifting to Ethereum (ETH) staking and Canaan's stock falling to 63 cents after its AI chip unit shuttered. The successful convergence of AI and blockchain is also exemplified by firms like Daniela Amodei's Anthropic, valued at $61.5 billion, and Nkiru Uwaje's MANSA, which leverages stablecoins for fintech solutions.

According to @QCompounding, AI cloud firm CoreWeave has re-entered acquisition talks with Bitcoin miner Core Scientific (CORZ), one year after a previous attempt, as reported by the WSJ. This news caused CORZ stock to surge 25% to over $15 per share, also lifting other mining stocks like Hut 8 (HUT) and Cipher Mining (CIFR). For traders, this signals strong interest in the convergence of AI and crypto mining infrastructure. In separate news, Semler Scientific (SMLR) is now trading at a premium to its Bitcoin (BTC) holdings for the first time since June 5, with its multiple net asset value (mNAV) at 1.149. The source indicates this is a key bullish signal, as historically Semler has only added to its BTC position when trading at a premium. This suggests the company, which holds 4,449 BTC, may soon resume purchases to meet its year-end target of 10,000 BTC.

According to Stock Talk (@stocktalkweekly), Needham has raised its price target for Core Scientific ($CORZ) from $16 to $18 while maintaining a 'Buy' rating. The update highlights increasing market confidence in CoreWeave as a counterparty and notes that strong demand for Core Scientific's services is expected to exceed available supply (Source: Stock Talk, June 10, 2025). For traders, this revised target reflects optimism about Core Scientific’s growth potential, driven by robust demand for crypto mining infrastructure. The news underscores continued positive sentiment toward crypto mining equities and could influence broader cryptocurrency market momentum.

According to Stock Talk (@stocktalkweekly), Core Scientific ($CORZ) is attempting to confirm a breakout above its 200-day moving average, displaying clean daily candles indicative of strong price action. Notably, there has been aggressive out-of-the-money (OTM) call option flow, signaling bullish sentiment among institutional traders. However, Stock Talk notes that the volume profile could be stronger for a more convincing breakout confirmation (Source: Stock Talk on Twitter, June 9, 2025). This price action and options activity in $CORZ are significant for cryptocurrency market participants, as Core Scientific is a major bitcoin mining stock. A sustained breakout could signal renewed bullish momentum for mining-related crypto assets.

According to Farside Investors, the latest Bitcoin miner production figures for July 2024 have been released. CleanSpark (CLSK) produced 494 BTC, Riot Platforms (RIOT) mined 370 BTC, Core Scientific (CORZ) generated 411 BTC, Cipher Mining (CIFR) produced 178 BTC, Bitfarms (BITF) mined 253 BTC, HIVE Blockchain (HIVE) generated 116 BTC, TeraWulf (WULF) produced 195 BTC, and Bitdeer (BTDR) mined 181 BTC. The production figures for Marathon Digital (MARA), Iris Energy (IREN), and Hut 8 Mining (HUT) are yet to be reported.