Coreweave’s financing methods are equally unconventional: just recently, it secured a $2.3 billion debt facility backed by Magnetar and Blackstone, collateralized with its own fleet of NVIDIA GPUs. It’s even exploring the acquisition of Core Scientific, a bankrupt crypto miner with 200 megawatts of power capacity that could be repurposed for AI data centers. While Nvidia’s backing is a strong signal of strategic alignment, analysts still project a −52% downside over the next year, and with no public financial history to analyze, this is one to watch from the sidelines until valuation and fundamentals align.
| Metric |
Value |
| Debt Facility Amount |
$2.3 billion |
| Backers |
Magnetar, Blackstone |
| Collateral |
NVIDIA GPU fleet |
| Acquisition Target |
Core Scientific (bankrupt) |
| Available Power Capacity |
200 megawatts |
| Analyst 12-Month Projection |
−52% downside |