Core Scientific Inc

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Core Scientific excels in Q1 earnings, eyes HPC expansion

Core Scientific's Q1 2024 Earnings Call highlighted robust financial performance, strategic infrastructure investments, and a focus on growth funding. The company aims to secure prepayments from clients for future growth funding and targets high EBITDA margins. With a strong market position in bitcoin mining, Core Scientific is poised for continued growth and expansion.

Core Scientific reports robust Q2 revenue, eyes growth in digital infrastructure

Core Scientific's Q2 performance reflects strong revenue generation and operational progress, despite a significant net loss driven by mark-to-market adjustments.
The company's strategic focus on digital infrastructure for bitcoin mining and HPC hosting positions it well for future growth and innovation.
To capitalize on opportunities and address challenges, Core Scientific is actively pursuing debt reduction, liquidity enhancement, and strategic growth initiatives.

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Core Scientific, Inc. engages in the business of operating a purpose-built facility for digital asset mining and provision of blockchain infrastructure, software solutions, and services. It operates under the Mining and Hosting segments. The Mining segment focuses on bitcoin mining for the company's own account. The Hosting segment includes blockchain infrastructure and third-party hosting business. The company was founded by Michael Jeffrey Levitt and Darin Feinstein on December 13, 2017 and is headquartered in Dover, DE.

AUSTIN, Texas--(BUSINESS WIRE)--Core Scientific, Inc. (Nasdaq: CORZ) ("Core Scientific" or “the Company”), a leader in digital infrastructure for high-performance computing and bitcoin mining, today released unaudited production and operations updates for November 2024. Key Metrics Summary (unaudited) Metric November 2024  October 2024 Self-Mining Bitcoin Earned1 314 369 Hosting Bitcoin Earned by Customers2 29 52 Average Self-Mined Bitcoin Earned/Day 10.5 11.9 Self-Mining Energized Hash rate3 1.

Core Scientific Announces November 2024 Production and Operations Updates

AUSTIN, Texas--(BUSINESS WIRE)--Core Scientific, Inc. (NASDAQ: CORZ) (“Core Scientific” or the “Company”), a leader in digital infrastructure for bitcoin mining and high-performance computing, today announced the pricing of its offering of $550 million aggregate principal amount of 0.00% convertible senior notes due 2031 (the “notes”) in a private offering to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the.

Core Scientific Prices Upsized $550 Million Convertible Senior Notes Offering

AUSTIN, Texas--(BUSINESS WIRE)--Core Scientific, Inc. (NASDAQ: CORZ) (“Core Scientific” or the “Company”), a leader in digital infrastructure for bitcoin mining and high-performance computing, today announced its intention to offer, subject to market and other conditions, $500 million aggregate principal amount of convertible senior notes due 2031 (the “notes”) in a private offering to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Ac.

Core Scientific Announces Proposed Convertible Senior Notes Offering

DENTON, Texas--(BUSINESS WIRE)--Core Scientific Inc. (Nasdaq: CORZ) (“Core Scientific” or the “Company”), a leader in digital infrastructure for high-performance computing and bitcoin mining, today announced the Denton City Council's approval of amendments to the Company's Power Purchase Agreements and land leases. The approval came during the Council's November 19 meeting. "Denton has been home to one of our most advanced data centers, and now we expect it will host one of the largest GPU supe.

Core Scientific Announces Approval of Lease Amendments with the City of Denton to Enable High-Performance Computing Expansion

MUSKOGEE, Okla.--(BUSINESS WIRE)--Core Scientific Inc. (Nasdaq: CORZ) (“Core Scientific” or the “Company”), a leader in digital infrastructure for high-performance computing and bitcoin mining, CoreWeave, the AI hyperscaler, and Port Muskogee broke ground today on Core Scientific's newest state-of-the-art, high-performance computing data center. The 100-megawatt facility will host CoreWeave's NVIDIA GPUs for an undisclosed client. “Today we celebrate the beginning of a project that highlights M.

Core Scientific and Port Muskogee Break Ground on 100 MW HPC Data Center

Core Scientific, Inc. (CORZ) Q3 2024 Earnings Call Transcript

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Cryptocurrency Prices And News: Bitcoin Tops $76,000, Trumps Record High After Election

AUSTIN, Texas--(BUSINESS WIRE)---- $CORZ #aicloud--Core Scientific Announces Fiscal Third Quarter 2024 Results.

Core Scientific Announces Fiscal Third Quarter 2024 Results

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The price of bitcoin hit a record of just shy of $75,000 Tuesday night. Industry pros look for $100k in 2025.

Bitcoin Bolts To Record High On GOP Sweep; Analysts Eye $100k

AUSTIN, Texas--(BUSINESS WIRE)---- $CORZ #aicloud--Core Scientific Announces October 2024 Production and Operations Updates.

Core Scientific Announces October 2024 Production and Operations Updates

AUSTIN, Texas--(BUSINESS WIRE)---- $CORZ #aicloud--Core Scientific, Inc. Schedules Third Quarter Fiscal Year 2024 Earnings Release, Conference Call and Webcast.

Core Scientific, Inc. Schedules Third Quarter Fiscal Year 2024 Earnings Release, Conference Call and Webcast

The Bitcoin (BTC) mining sector is experiencing renewed investor interest, driven by Bitcoin's recent rally past $70,000 and a shift toward AI-focused business models among key mining players.

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Bitcoin trends toward $69,000, cryptocurrency stocks jump. Analysts initiate coverage of miners transitioning to AI.

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AUSTIN, Texas--(BUSINESS WIRE)---- $CORZ #aicloud--Core Scientific Announces Exercise of Final Contract Option by CoreWeave for 120 MW of Additional Digital Infrastructure to Host HPC.

Core Scientific Announces Exercise of Final Contract Option by CoreWeave for Delivery of Approximately 120 MW of Additional Digital Infrastructure to Host High-Performance Computing Operations

AUSTIN, Texas--(BUSINESS WIRE)---- $CORZ #aicloud--Core Scientific Announces September 2024 Production and Operations Updates.

Core Scientific Announces September 2024 Production and Operations Updates

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Amazon recently announced that it will invest several billions more in UK-based data centers. In the AI server space, Dell Technologies and Super Micro have also benefited from the data center boom, up 71% and 82%, respectively, in the past 12 months. Bitcoin miners are increasingly pivoting to artificial intelligence data center operations, leveraging their existing infrastructure and expertise to capitalize on the growing demand for AI computing.

12 Stocks To Profit From The Boom In Data Centers And Artificial Intelligence

Data centers, AI, and Bitcoin mining are three fast-growing businesses bound to be multi-year megatrends. CORZ, WULF, and APLD are three companies that should benefit for years.

CORZ, WULF and APLD Stocks Set to Boom? Thank AI/ Bitcoin Data Centers

Bitcoin miner Core Scientific emerged from bankruptcy with a bang, earnings a buy rating after its deal with Nvidia Partner Coreweave.

Bitcoin Miner Core Scientific In Buy Zone After $6.7 Bil Deal With Nvidia Partner

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Whether the Federal Reserve delivers a 25 or 50 basis point rate cut, it could mean a turnaround for bitcoin miners, which have been struggling so far this year, market participants said.

Struggling bitcoin miners may be revived by Fed rate decision, regardless of cut size

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AUSTIN, Texas--(BUSINESS WIRE)---- $CORZ #aicloud--Core Scientific Announces Extension of CoreWeave Option for 118 Megawatts of Infrastructure to Support High-Performance Computing.

Core Scientific Announces Extension of CoreWeave Option for 118 Megawatts of Infrastructure to Support High-Performance Computing

AUSTIN, Texas--(BUSINESS WIRE)---- $CORZ #aicloud--Core Scientific Announces CFO Transition Plan.

Core Scientific Announces CFO Transition Plan

AUSTIN, Texas--(BUSINESS WIRE)---- $CORZ #aicloud--Core Scientific Announces August 2024 Production and Operations Updates.

Core Scientific Announces August 2024 Production and Operations Updates

Core Scientific, Inc.

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Although U.S. stocks closed mixed on Wednesday, there were a few notable insider trades.

Executives Buying Core Scientific And 2 Other Stocks

AUSTIN, Texas--(BUSINESS WIRE)---- $CORZ #aicloud--Core Scientific, Inc. to Participate in September Investor Conferences.

Core Scientific, Inc. to Participate in September Investor Conferences

News for Core Scientific Inc Stock (CORZ)