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.

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

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Catch up on the latest cryptocurrency prices and news. The post Cryptocurrency Prices And News: Bitcoin Tops $76,000, Trumps Record High After Election appeared first on Investor's Business Daily.

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

Hut 8 Mining Corp

Iris Energy Ltd

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.

2 Bitcoin mining stocks not to ignore amid growing AI demand

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

Bitcoin Miners Rally As October Inflows Surge

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

Riot Blockchain

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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Bitcoin miners are consolidating as crypto prices drop, but have something that deep-pocket AI developers need badly. Here's what's up.

Bitcoin Miners Diversify, Chase Lucrative AI Deals

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

Core Scientific, Inc. (CORZ) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

What Makes Core Scientific, Inc. (CORZ) a New Buy Stock

Core Scientific, Inc. (CORZ) could be a great choice for investors looking to make a profit from fundamentally strong stocks that are currently on the move. It is one of the several stocks that made it through our "Recent Price Strength" screen.

Recent Price Trend in Core Scientific, Inc. (CORZ) is Your Friend, Here's Why

AUSTIN, Texas--(BUSINESS WIRE)---- $CORZ #aicloud--Core Scientific Strengthens Balance Sheet and Supports Growth Plans with Proceeds from Recent Convertible Notes Offering.

Core Scientific Strengthens Balance Sheet and Supports Growth Plans with Proceeds from Recent Convertible Notes Offering

AUSTIN, Texas--(BUSINESS WIRE)---- $CORZ #aicloud--Core Scientific Prices Upsized $400 Million Convertible Senior Notes Offering.

Core Scientific Prices Upsized $400 Million Convertible Senior Notes Offering

AUSTIN, Texas--(BUSINESS WIRE)---- $CORZ #aicloud--Core Scientific, Inc. to Participate in the 44th Annual Cannacord Genuity Growth Conference.

Core Scientific, Inc. to Participate in the 44th Annual Cannacord Genuity Growth Conference

News for Core Scientific Inc Stock (CORZ)