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New Deal


Announced

Core Scientific to acquire Blockcap.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Friendly

Pending

Single Bidder

FinTech

Majority

Acquisition

Domestic

blockchain

United States

Private

Synopsis

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Core Scientific, the largest blockchain infrastructure, hosting provider and digital asset miner in North America, agreed to acquire Blockcap, a digital asset mining company. Financial terms were not disclosed. Blockcap's recent acquisition of RADAR, a pioneer in the blockchain technology space, further strengthens Core Scientific's leadership position and value creation potential through the development of decentralized finance products and services.

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