Backblaze Stock Jumps on CoreWeave Storage Partnership

By EC Assets · Published 23 June 2026

Backblaze Inc. shares rose 20% following the announcement of a data storage agreement. The company entered into a five-year, $335 million deal with CoreWeave Inc. This development occurred on Tuesday. Backblaze Inc. is traded on Nasdaq under the ticker BLZE. CoreWeave Inc. is also listed on Nasdaq with the ticker CRWV. Nvidia holds important equity stakes in CoreWeave. Backblaze offers a low-cost, fast B2 cloud storage tier. Backblaze, Inc. is among companies that also include Fastly Inc. and Crexendo, Inc. This article is intended for informational purposes only. It does not constitute investment advice.