Bernstein: With CoreWeave receiving massive orders from OpenAI, Core Scientific's stock price is expected to recover

According to Foresight News, according to The Block, Bernstein analysts have stated that although Bitcoin miner Core Scientific's stock price has fallen by 25% so far this year, investor confidence in the stock should quickly recover as CoreWeave receives $15.9 billion in new orders from OpenAI and relevant delivery channels from Core Scientific. CoreWeave (CRWV) has risen 115% since its $1.5 billion initial public offering (IPO) in March, and is currently trading at around $90 on NASDAQ with a market value of $41.5 billion.