Core Scientific Reveals Preliminary Results from Stockholder Meeting
Core Scientific, Inc., a prominent player in digital infrastructure for high-density colocation services and digital asset mining, has announced the results from its special stockholder meeting. The meeting was held on October 30, 2025, where shareholders were asked to vote on a proposed merger with CoreWeave, Inc. Unfortunately, the necessary votes for approval were not achieved.
Core Scientific’s Special Meeting Overview
The special stockholder meeting saw Core Scientific seeking approval for its merger agreement with CoreWeave. As stated, the vote did not meet the required threshold for passage. The final results from this meeting will be documented in a Form 8-K, which will be filed with the U.S. Securities and Exchange Commission (SEC).
About Core Scientific
Core Scientific specializes in providing digital infrastructure and services, particularly for high-density colocation and digital asset mining. The company operates multiple facilities across several states, including:
- Alabama: 1 facility
- Georgia: 2 facilities
- Kentucky: 1 facility
- North Carolina: 1 facility
- North Dakota: 1 facility
- Oklahoma: 1 facility
- Texas: 3 facilities
The organization operates its own fleet of miners to generate digital assets and is actively converting many of its facilities for artificial intelligence applications.
Future Prospects
Though Core Scientific derives most of its revenue from earning digital assets at present, it aims to significantly boost its income from high-density colocation services. The company plans to transition existing mining facilities to support these colocation services while ensuring a sustainable energy supply.
In summary, the recent special stockholder meeting illustrated the challenges Core Scientific faces in progressing its merger plans. This event serves as a noteworthy point in the company’s ongoing development within the rapidly evolving digital infrastructure sector.
