Core Scientific, Inc. (CORZ)

US — Technology Sector
Peers: BLSH  S  SOUN  INFA  FOUR  CFLT  DBX  WIX  KVYO 

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Key Metrics & Ratings

  • symbol CORZ
  • Rev/Share 1.049
  • Book/Share -3.5408
  • PB -5.4479
  • Debt/Equity -0.9389
  • CurrentRatio 1.584
  • ROIC -0.1072

 

  • MktCap 5981082477.0
  • FreeCF/Share -1.0805
  • PFCF -17.377
  • PE -7.9982
  • Debt/Assets 0.4612
  • DivYield 0
  • ROE 0.9621

 

  • Rating C
  • Score 2
  • Recommendation Sell
  • P/E Score 1
  • DCF Score 1
  • P/B Score 1
  • D/E Score 1

Recent Analyst Ratings

Type Ticker Analyst Firm Previous Rating Current Rating Previous Price Target Current Price Target Date
Upgrade CORZ H.C. Wainwright Neutral Buy -- $25 Oct. 28, 2025
Upgrade CORZ Roth Capital Neutral Buy -- $23.5 Oct. 23, 2025
Upgrade CORZ B. Riley Securities Neutral Buy -- $30 Oct. 22, 2025
Resumed CORZ Compass Point -- Buy -- -- Sept. 15, 2025
Initiation CORZ Arete -- Buy -- $20 July 22, 2025
Initiation CORZ Citizens JMP -- Mkt Outperform -- $15 May 22, 2025
Initiation CORZ Keefe Bruyette -- Outperform -- $22 Jan. 27, 2025
Initiation CORZ Craig Hallum -- Buy -- $24 Jan. 21, 2025
Initiation CORZ Macquarie -- Outperform -- $16 Sept. 25, 2024
Initiation CORZ Canaccord Genuity -- Buy -- $16 Sept. 23, 2024

News

CoreWeave CEO responds to data center delays as stock plunges. Core Scientific shares fall
CORZ, CRWV
Published: November 11, 2025 by: CNBC
Sentiment: Negative

CoreWeave CEO Mike Intrator addressed delays at a third-party data center developer. CNBC's Jim Cramer noted delays at sites in Texas, Oklahoma and North Carolina tied to Core Scientific.

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image for news CoreWeave CEO responds to data center delays as stock plunges. Core Scientific shares fall
A Failed Acquisition Is The Best Thing That's Happened To Core Scientific
CORZ
Published: October 31, 2025 by: Seeking Alpha
Sentiment: Positive

Core Scientific, Inc. shareholders rejected a $9B CoreWeave offer Thursday. We think this is the best thing that could've happened to Core Scientific. We see the potential for CORZ to grow into the valuation of its landlord peer group. There is more value in Core Scientific's uncontracted power capacity, and ballooning AI infrastructure demand can work in favor of leasing out its current 1.3 GW and potential 1 GW capacity.

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image for news A Failed Acquisition Is The Best Thing That's Happened To Core Scientific
Two Seas Capital Comments on Outcome of Special Meeting of Core Scientific Shareholders
CORZ, CRWV
Published: October 30, 2025 by: PRNewsWire
Sentiment: Neutral

Appreciates Shareholders' Thoughtful Consideration and Reiterates Enthusiasm About Company's Future Prospects NEW YORK , Oct. 30, 2025 /PRNewswire/ -- Two Seas Capital LP ("Two Seas" or "we"), an alternative investment management firm and one of the largest shareholders of Core Scientific, Inc. ("Core Scientific" or the "Company") (NASDAQ: CORZ), today commented on the outcome of the special meeting of shareholders (the "Special Meeting") that was held today in connection with the Company's proposed sale to CoreWeave, Inc. ("CoreWeave") (NASDAQ: CRWV). Sina Toussi, Founder and Chief Investment Officer of Two Seas, issued the following statement: "We thank our fellow shareholders for …

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image for news Two Seas Capital Comments on Outcome of Special Meeting of Core Scientific Shareholders
Core Scientific shareholders reject takeover offer from CoreWeave, merger deal ends
CORZ, CRWV
Published: October 30, 2025 by: Proactive Investors
Sentiment: Negative

Core Scientific Inc on Thursday terminated its merger agreement with CoreWeave after Core Scientific shareholders voted against the proposal. In July, CoreWeave struck an agreement to acquire Core Scientific in an all-stock deal valued at $9 billion.

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image for news Core Scientific shareholders reject takeover offer from CoreWeave, merger deal ends
Core Scientific Deal With CoreWeave Terminated After Failing to Secure Shareholder Support
CORZ, CRWV
Published: October 30, 2025 by: WSJ
Sentiment: Negative

Core Scientific will remain public after it failed to secure the votes necessary to approve the $9 billion all-stock merger.

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image for news Core Scientific Deal With CoreWeave Terminated After Failing to Secure Shareholder Support
Core Scientific to Host Investor Conference Call and Webcast Today at 11:30 AM Eastern Time
CORZ
Published: October 30, 2025 by: Business Wire
Sentiment: Neutral

AUSTIN, Texas--(BUSINESS WIRE)--Core Scientific, Inc. (Nasdaq: CORZ) ( “Core Scientific” or the “Company”), a leader in digital infrastructure for high-density colocation services and digital asset mining, will host a conference call and live audio webcast with investors today at 11:30 A.M. Eastern Time. Hosting the call and webcast will be Adam Sullivan, Chief Executive Officer, Matt Brown, Chief Operating Officer, Jim Nygaard, Chief Financial Officer, and Jon Charbonneau, Vice President, Inve.

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image for news Core Scientific to Host Investor Conference Call and Webcast Today at 11:30 AM Eastern Time
Core Scientific Announces Termination of Merger Agreement with CoreWeave
CORZ
Published: October 30, 2025 by: Business Wire
Sentiment: Neutral

AUSTIN, Texas--(BUSINESS WIRE)--Core Scientific, Inc. (NASDAQ: CORZ) (“Core Scientific” or the “Company”), a leader in digital infrastructure for high-density colocation services and digital asset mining, previously announced that at a special meeting of Core Scientific stockholders, the Company did not receive the votes necessary to approve the previously announced merger agreement with CoreWeave, Inc. (“CoreWeave”). On October 30, 2025, pursuant to and in accordance with the merger agreement,.

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image for news Core Scientific Announces Termination of Merger Agreement with CoreWeave
Core Scientific, Inc. (CORZ) Reports Q3 Loss, Misses Revenue Estimates
CORZ
Published: October 24, 2025 by: Zacks Investment Research
Sentiment: Negative

Core Scientific, Inc. (CORZ) came out with a quarterly loss of $0.46 per share versus the Zacks Consensus Estimate of a loss of $0.85. This compares to a loss of $0.13 per share a year ago.

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image for news Core Scientific, Inc. (CORZ) Reports Q3 Loss, Misses Revenue Estimates
Core Scientific Announces Fiscal Third Quarter 2025 Results
CORZ
Published: October 24, 2025 by: Business Wire
Sentiment: Neutral

AUSTIN, Texas--(BUSINESS WIRE)--Core Scientific, Inc. (NASDAQ: CORZ), a leader in digital infrastructure for high-density colocation services and digital asset mining, today announced financial results for the fiscal third quarter of 2025. Fiscal Third Quarter 2025 Financial Results Total revenue was $81.1 million compared to $95.4 million in the third quarter of 2024. Digital asset self-mining revenue was $57.4 million, down from $68.1 million in the prior-year period. The decline was primaril.

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image for news Core Scientific Announces Fiscal Third Quarter 2025 Results
Johnson Fistel Investigates Fairness of Proposed Sale of Core Scientific
CORZ
Published: October 24, 2025 by: GlobeNewsWire
Sentiment: Neutral

SAN DIEGO, Oct. 24, 2025 (GLOBE NEWSWIRE) -- Shareholder rights law firm Johnson Fistel, PLLP is continuing its investigation into whether the board members of Core Scientific, Inc. (NasdaqGS: CORZ) breached their fiduciary duties in connection with the proposed sale of the company to CoreWeave, Inc. (NasdaqGS: CRWV).

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image for news Johnson Fistel Investigates Fairness of Proposed Sale of Core Scientific
Leading Proxy Advisory Firm Institutional Shareholder Services Recommends Core Scientific Shareholders Vote "AGAINST" Sale to CoreWeave on GOLD Proxy Card
CORZ, CRWV
Published: October 21, 2025 by: PRNewsWire
Sentiment: Neutral

ISS Highlights Numerous Concerns Regarding the Sale Process, Deal Structure and Valuation Agrees with Two Seas That the Board's Flawed Process Did Not Maximize Value for Shareholders NEW YORK , Oct. 21, 2025 /PRNewswire/ -- Two Seas Capital LP ("Two Seas" or "we"), an alternative investment management firm and one of the largest shareholders of Core Scientific, Inc. ("Core Scientific" or the "Company") (NASDAQ: CORZ), today applauded leading independent proxy advisory firm Institutional Shareholder Services Inc.'s ("ISS") recommendation that shareholders of Core Scientific vote " AGAINST " the Company's proposed sale to CoreWeave, Inc. ("CoreWeave") (NASDAQ: CRWV) on the terms …

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image for news Leading Proxy Advisory Firm Institutional Shareholder Services Recommends Core Scientific Shareholders Vote "AGAINST" Sale to CoreWeave on GOLD Proxy Card
CoreWeave CEO calls Core Scientific a 'nice to have' amid rising opposition to the acqusition
CORZ, CRWV
Published: October 21, 2025 by: CNBC International TV
Sentiment: Negative

Shareholders are opposing CoreWeave's offer to buy Bitcoin miner and data center firm Core Scientific on the grounds that the deal price is too low. CoreWeave CEO Michael Intrator discusses the deal proposal.

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image for news CoreWeave CEO calls Core Scientific a 'nice to have' amid rising opposition to the acqusition
Two Seas Capital Highlights Significant Value Upside for Core Scientific Shareholders If They Reject the Proposed Sale to CoreWeave
CORZ, CRWV
Published: October 17, 2025 by: PRNewsWire
Sentiment: Neutral

Issues Letter to Shareholders Citing Market Evidence Demonstrating the Proposed Transaction Substantially Undervalues Core Scientific Urges Shareholders to Vote AGAINST the Proposed Transaction on the GOLD Proxy Card NEW YORK , Oct. 17, 2025 /PRNewswire/ -- Two Seas Capital LP ("Two Seas" or "we"), an alternative investment management firm and one of the largest shareholders of Core Scientific, Inc. ("Core Scientific" or the "Company") (NASDAQ: CORZ), today issued a letter to shareholders in connection with its opposition to the Company's proposed sale to CoreWeave, Inc. ("CoreWeave") (NASDAQ: CRWV) on the terms announced on July 7, 2025. The full text of …

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image for news Two Seas Capital Highlights Significant Value Upside for Core Scientific Shareholders If They Reject the Proposed Sale to CoreWeave
Two Seas Capital Publishes Investor Presentation Describing Why It Opposes Core Scientific's Proposed Sale to CoreWeave
CORZ, CRWV
Published: October 13, 2025 by: PRNewsWire
Sentiment: Neutral

Highlights Transaction's Flawed Process, Deficient Structure and Inadequate Price Urges Shareholders to Vote AGAINST the Proposed Transaction NEW YORK , Oct. 13, 2025 /PRNewswire/ -- Two Seas Capital LP ("Two Seas" or "we"), an alternative investment management firm and the largest active shareholder of Core Scientific, Inc. ("Core Scientific" or the "Company") (NASDAQ: CORZ), today released an investor presentation, which was filed with the SEC on Friday, October 10, in connection with its opposition to the Company's proposed sale to CoreWeave, Inc. ("CoreWeave") (NASDAQ: CRWV) on the terms announced on July 7, 2025. The full presentation can be found HERE.

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image for news Two Seas Capital Publishes Investor Presentation Describing Why It Opposes Core Scientific's Proposed Sale to CoreWeave
Bitcoin Miner Leads Two Health Care Stocks To New Highs
CORZ
Published: October 10, 2025 by: Investors Business Daily
Sentiment: Positive

Core Scientific hits a new high in Friday's stock market.

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image for news Bitcoin Miner Leads Two Health Care Stocks To New Highs
CoreWeave Won't Change Its Bid for Core Scientific
CORZ, CRWV
Published: October 07, 2025 by: Bloomberg Technology
Sentiment: Neutral

CoreWeave doesn't plan to change its bid for Core Scientific, according to CoreWeave's CEO Michael Intrator. Intrator discusses compute demand and the company's M&A strategy with Caroline Hyde and Ed Ludlow on “Bloomberg Tech.

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image for news CoreWeave Won't Change Its Bid for Core Scientific
Johnson Fistel Investigates Fairness of Proposed Sale of Core Scientific
CORZ
Published: September 08, 2025 by: GlobeNewsWire
Sentiment: Neutral

SAN DIEGO, Sept. 08, 2025 (GLOBE NEWSWIRE) -- Shareholder rights law firm Johnson Fistel, PLLP is continuing its investigation into whether the board members of Core Scientific, Inc. (NasdaqGS: CORZ) breached their fiduciary duties in connection with the proposed sale of the company to CoreWeave, Inc. (NasdaqGS: CRWV).

Read More
image for news Johnson Fistel Investigates Fairness of Proposed Sale of Core Scientific
CoreWeave Faces a Fight to Buy Core Scientific Amid Stock Shifts. Why a Deal Needs to Be Done.
CORZ, CRWV
Published: September 01, 2025 by: Barrons
Sentiment: Negative

CoreWeave stock has dropped back, putting its deal for Core Scientific at risk. A renegotiation seems likely.

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image for news CoreWeave Faces a Fight to Buy Core Scientific Amid Stock Shifts. Why a Deal Needs to Be Done.
Core Scientific, Inc. (CORZ) Upgraded to Buy: What Does It Mean for the Stock?
CORZ
Published: August 25, 2025 by: Zacks Investment Research
Sentiment: Positive

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).

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image for news Core Scientific, Inc. (CORZ) Upgraded to Buy: What Does It Mean for the Stock?
Core Scientific, Inc. (CORZ) Reports Q2 Earnings: What Key Metrics Have to Say
CORZ
Published: August 08, 2025 by: Zacks Investment Research
Sentiment: Positive

The headline numbers for Core Scientific, Inc. (CORZ) give insight into how the company performed in the quarter ended June 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

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image for news Core Scientific, Inc. (CORZ) Reports Q2 Earnings: What Key Metrics Have to Say
Two Seas Capital, Core Scientific's Largest Active Shareholder, Announces Intention to Vote Against the Proposed Sale to CoreWeave
CORZ, CRWV
Published: August 07, 2025 by: PRNewsWire
Sentiment: Neutral

Issues Open Letter to Core Scientific Shareholders Outlining Its Belief that the Proposed Transaction Materially Undervalues Core Scientific and Unnecessarily Exposes Shareholders to Substantial Economic Risk NEW YORK , Aug. 7, 2025 /PRNewswire/ -- Two Seas Capital LP ("Two Seas" or "we"), an alternative investment management firm and the largest active shareholder of Core Scientific, Inc. ("Core Scientific" or the "Company") (NASDAQ: CORZ), today announced its opposition to the Company's proposed sale to CoreWeave, Inc. ("CoreWeave") (NASDAQ: CRWV) on the terms announced on July 7, 2025. Two Seas also released the following open letter to fellow Core Scientific shareholders explaining …

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image for news Two Seas Capital, Core Scientific's Largest Active Shareholder, Announces Intention to Vote Against the Proposed Sale to CoreWeave
Core Scientific shareholders push back on CoreWeave's $9B takeover offer: report
CORZ, CRWV
Published: August 05, 2025 by: Proactive Investors
Sentiment: Negative

CoreWeave (NASDAQ:CRWV)'s $9 billion all-stock acquisition of data center operator Core Scientific (NASDAQ:CORZ) is facing shareholder resistance, with major investors saying they may vote against the deal unless its terms are updated, according to a Financial Times report. The FT, citing people familiar with the matter, said the pushback stems from concerns that the current offer undervalues Core Scientific and exposes its investors to unnecessary downside risk.

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image for news Core Scientific shareholders push back on CoreWeave's $9B takeover offer: report
Core Scientific: Why Smart Money Is Betting Big On This AI Infrastructure Play
CORZ
Published: July 25, 2025 by: Seeking Alpha
Sentiment: Positive

CoreWeave's acquisition of CORZ transforms it into a key AI infrastructure play, locking in power assets and slashing costs for long-term growth. Multi-billion-dollar contracts with OpenAI and Google provide real revenue visibility, shifting CORZ from speculative crypto to high-margin, recurring AI cash flows. Options flow, GEX, and dark pool data all point to bullish institutional sentiment, supporting a structured $15/$20 call spread for risk-defined upside exposure.

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image for news Core Scientific: Why Smart Money Is Betting Big On This AI Infrastructure Play
135 Public Companies That Hold Bitcoin — And Why It Matters
ARBK, ARLP, BITF, BKKT, BTBT, BTCM, CANG, CIFR, CLSK, COIN, CORZ, DGHI, DJT, GME, HIVE, HOOD, HUT, IREN, MARA, MELI, MSTR, NA, NCTY, RIOT, SMLR
Published: July 15, 2025 by: Schaeffers Research
Sentiment: Positive

Since the historic institutional pivot of 2020, Bitcoin has steadily made its way from fringe asset to mainstream corporate treasury tool.

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image for news 135 Public Companies That Hold Bitcoin — And Why It Matters
$HAREHOLDER ALERT: Class Action Attorney Juan Monteverde Investigates the Merger of Core Scientific, Inc. (NASDAQ: CORZ)
CORZ
Published: July 09, 2025 by: GlobeNewsWire
Sentiment: Neutral

NEW YORK, July 09, 2025 (GLOBE NEWSWIRE) -- Class Action Attorney Juan Monteverde with Monteverde & Associates PC (the “M&A Class Action Firm”), has recovered millions of dollars for shareholders and is recognized as a Top 50 Firm in the 2024 ISS Securities Class Action Services Report. The firm is headquartered at the Empire State Building in New York City and is investigating Core Scientific, Inc. (NASDAQ: CORZ ) related to its sale to CoreWeave, Inc. Upon completion of the proposed transaction, each outstanding share of Core Scientific common stock will be converted into the right to receive 0.1235 shares …

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image for news $HAREHOLDER ALERT: Class Action Attorney Juan Monteverde Investigates the Merger of Core Scientific, Inc. (NASDAQ: CORZ)
CORE SCIENTIFIC INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Core Scientific, Inc. - CORZ
CORZ, CRWV
Published: July 09, 2025 by: Business Wire
Sentiment: Neutral

NEW YORK CITY & NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Core Scientific, Inc. (NasdaqGS: CORZ) to CoreWeave, Inc. (NasdaqGS: CRWV). Under the terms of the proposed transaction, shareholders of Core Scientific will receive 0.1235 newly issued shares of CoreWeave Class A common stock for each share of Core Scientific that they own. KSF is seeking to d.

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image for news CORE SCIENTIFIC INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Core Scientific, Inc. - CORZ
CoreWeave: Core Scientific Buyout Changes Everything
CORZ, CRWV
Published: July 09, 2025 by: Seeking Alpha
Sentiment: Positive

CoreWeave's buyout cuts $10B+ lease costs and secures 1.3 GW+ of owned high-density AI data center capacity. The merger locks $25B+ in 12-year take-or-pay contracts, including milestone OpenAI and IBM deals. CoreWeave's Q1 revenue grew 420% YoY to $981.6M, with $606.1M EBITDA and strong 62% margin expansion.

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image for news CoreWeave: Core Scientific Buyout Changes Everything
CoreWeave: Everyone Hates The Core Scientific Deal; We Don't (Rating Upgrade)
CORZ, CRWV
Published: July 08, 2025 by: Seeking Alpha
Sentiment: Positive

We're upgrading CoreWeave back to a buy after its strategic all-stock acquisition of CoreScientific making use of its 300% stock appreciation since IPO. The deal unlocks cost savings, eliminates $10B in future lease overhead, and gives CoreWeave control over 1.3 GW of power capacity. CoreWeave is now buying rather than renting power capacity. Valuation remains premium but has come down since our sell call and is more attractive at current levels.

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image for news CoreWeave: Everyone Hates The Core Scientific Deal; We Don't (Rating Upgrade)
SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates CORZ and WNS on Behalf of Shareholders
CORZ, WNS
Published: July 08, 2025 by: GlobeNewsWire
Sentiment: Neutral

NEW YORK, July 08, 2025 (GLOBE NEWSWIRE) -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to:

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image for news SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates CORZ and WNS on Behalf of Shareholders
CoreWeave, Core Scientific shares fall after firms confirm $9 billion deal: CNBC Crypto World
CORZ, CRWV
Published: July 07, 2025 by: CNBC Television
Sentiment: Negative

On today's episode of CNBC Crypto World, major cryptocurrencies trade lower along with stocks as traders weigh the latest developments on the trade front. Plus, AI hyperscaler CoreWeave confirms it will acquire Core Scientific, a leading data center infrastructure provider.

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image for news CoreWeave, Core Scientific shares fall after firms confirm $9 billion deal: CNBC Crypto World

About Core Scientific, Inc. (CORZ)

  • IPO Date 2024-01-24
  • Website https://www.corescientific.com
  • Industry Software - Infrastructure
  • CEO Adam Sullivan
  • Employees 325

Core Scientific, Inc. operates facilities for digital asset mining and colocation services in North America. It provides blockchain infrastructure, software solutions, and services. The company mines digital assets for its own account and provides hosting colocation services for other large-scale miners. It operates in two segments, Equipment Sales and Hosting. The company owns and operates computer equipment that is used to process transactions conducted on one or more blockchain networks in exchange for transaction processing fees rewarded in digital currency assets, commonly referred to as mining; and datacenter facilities to provide colocation and hosting services for distributed ledger technology, also commonly known as blockchain. It also develops blockchain-based platforms and applications, including infrastructure management, security technologies, mining optimization, and recordkeeping. The company is headquartered in Austin, Texas. On December 21, 2022, Core Scientific, Inc. filed a voluntary petition for reorganization under Chapter 11 in the U.S. Bankruptcy Court for the Southern District of Texas.