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06/23 14:35

Backblaze Soars Nearly 35% After Signing Storage Agreement with CoreWeave

On June 23, cloud storage platform Backblaze (BLZE.US) surged nearly 35% in early trading, reaching a high of $10.95, the highest since March 2024. The spike follows the announcement that Backblaze has signed a five-year data storage agreement worth $335 million with CoreWeave. Under the agreement, Backblaze will provide storage support for part of CoreWeave's hosted storage infrastructure.

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