Magnetar Maintains CoreWeave Stake Post-IPO, Signals Long-Term Commitment

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Mar 28, 2025

Magnetar, the leading equity holder in CoreWeave, plans to retain its stake following CoreWeave's IPO debut, underscoring a long-term commitment to the compute provider. Magnetar's decision highlights confidence in CoreWeave's rapid growth, having expanded its revenue significantly since four years ago. CoreWeave has become a key player in the infrastructure market, fulfilling rising demand despite broader concerns about industry capacity. Magnetar’s strategy focuses on supporting capital-intensive tech firms to optimize cost structures.

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