NasdaqGS:CRWVIT
CoreWeave (CRWV) Locks In Galaxy Digital’s $3.5 Billion Texas Data Center Deal
Galaxy Digital has arranged a $3.5b bond financing to build a large data center campus in Texas.
CoreWeave (NasdaqGS:CRWV) has agreed to lease the entire IT load under 15 year contracts.
The arrangement is focused on providing high density compute capacity for AI and cloud workloads.
For CoreWeave, this Texas build out comes as the stock trades at $82.64, with a return of 7.2% over the past week and 4.2% year to date, while it is down 25.7% over the past month and 34.4% over the past year...