Sidley Represents Core Scientific in Its US$3.5 Billion Agreements With CoreWeave

Sidley is representing Core Scientific, Inc. (NASDAQ: CORZ) in connection with its series of agreements to provide approximately 200 megawatts of digital infrastructure to host CoreWeave’s high-performance computing operations. Core Scientific is one of the largest owners and operators of high-powered digital infrastructure for bitcoin mining and hosting services in North America, and CoreWeave offers a cloud platform of software powering the next wave of artificial intelligence. The agreements are intended to transform and expand Core Scientific’s hosting business and position it in the AI data center space while maintaining the company’s bitcoin mining capacity and growth potential.

The Sidley team is being led by Joe Michaels (M&A) and David Buck (Energy and Infrastructure), and includes Dustin Page and Lisa Holzman (M&A); Elizabeth McCloy and Brandon Bryer (Real Estate); and Christopher Gleason, Kelechi Adibe, and Daniel Burkhart (Global Finance).