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CoreWeave CEO Michael Intrator told CNBC Tuesday that the firm's proposed acquisition of Core Scientific would be a "nice to have" rather than a necessity as shareholders prepare to potentially block the deal.

In July, AI cloud provider Coreweave proposed an all-stock deal valued at around $9 billion to buy the Bitcoin miner and data center firm, Core Scientific. Immediately after the news, Core Scientific's stock price fell, plummeting nearly 18%.

The deal has received criticism with key proxy advisor Institutional Shareholder Services (ISS) recommending on Monday that shareholders vote against the acquisition. Core Scientific's share price has conitnued to rise after the deal was announ

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