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Investor Opposes Buyout, Backs Core Scientific Leasing
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Trip Miller, founder of Gullane Capital Partners, says Core Scientific will lease about 400 megawatts to new customers this year after he opposed CoreWeave's roughly $9 billion stock-conversion acquisition, which shareholders rejected in an October vote. Morgan Stanley warns of a potential 47-gigawatt national grid shortfall by 2028, underscoring rising demand as crypto miners pivot to AI data-center capacity.
Scoring Rationale
Industry-relevant update with Morgan Stanley backing; impact limited by reliance on investor projections and unconfirmed lease announcements.
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