Core Scientific's partnership with AMD has been valued by analysts at Bernstein at a staggering $14 billion over the course of 15 years. This valuation is based on the terms of their agreement, which includes AMD backstopping a neocloud lease and holding warrants for 30 million CORZ shares. The deal's potential to generate significant revenue over an extended period has likely contributed to this high valuation.
Source
"Bernstein Puts Value of Core Scientific-AMD Partnership at $14B" — The Block
This article is Bitcoincryptos' summary and analysis of reporting originally published by The Block. Read the full original report at the link above.
