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Bitcoin miner Core Scientific and AI firm CoreWeave announced a $9 billion all-stock merger, marking one of the largest crypto-adjacent deals ever. Meanwhile, Bitcoin ETFs saw $1.17B in inflows, and BIT Mining stock surged 83% on a Solana pivot.
- Core Scientific and CoreWeave's $9B merger is among the largest crypto-adjacent deals, though both stocks dipped post-announcement.
- Bitcoin ETFs saw $1.17B inflows, with BlackRock's IBIT dominating at $448.5M, pushing its AUM past $80B.
- BIT Mining's Solana pivot triggered an 83% stock surge, while Strategy paused BTC buys but launched a $4.2B preferred stock offering.
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