CORZ
Core Scientific, Inc. Common StockCORZ
CORZ
Delisted
CORZ was delisted on the 30th of December, 2022.
About: Core Scientific Inc is engaged in Blockchain and AI Infrastructure, Digital Asset Self-Mining, Premium Hosting, Blockchain Technology, and Artificial Intelligence related services. The business operates in two segments being; Equipment Sales and Hosting which consists of blockchain infrastructure, third-party hosting business and equipment sales to customers. Mining segment consists of digital asset mining for its account. The blockchain business generates revenue from the sale of consumption-based contracts and by providing hosting services. The digital asset mining segment earns revenue from operating a firm's owned computer equipment as part of a pool of users that process transactions conducted on one or more blockchain networks. In exchange, it receives digital currency assets.
Employees: 205
Financial journalist opinion
Neutral
Seeking Alpha
4 days ago
From Mining To Megawatts -- Core Scientific's High-Density Strategy Unfolds
Core Scientific is executing a successful transition from Bitcoin mining to high-density AI colocation infrastructure. Take-or-pay agreements confirmed, eliminating concerns about cancellation risk or dependency on fluctuating AI demand. Enterprise AI demand emerging as a major growth driver; pipeline includes 50–100MW prospects beyond CoreWeave.
Positive
Investors Business Daily
6 days ago
Bitcoin Miners Finally Join Bitcoin Rally; Analyst Eyes $145,000
Bitcoin miners finally join bitcoin's rally after notching a record last week. What is driving the recent surge?
Neutral
Business Wire
6 days ago
Core Scientific, Inc. to Participate in the TD Cowen 53rd Annual Technology, Media & Telecom Conference
AUSTIN, Texas--(BUSINESS WIRE)--Core Scientific, Inc. (Nasdaq: CORZ), a leader in digital infrastructure for high-density colocation and bitcoin mining, today announced that CEO Adam Sullivan will present at the TD Cowen 53rd Annual Technology, Media & Telecom Conference on Thursday, May 29th, at 9:40 a.m. ET. A live webcast of the presentation can be accessed by visiting the Investors section of the Core Scientific website. A replay of the webcast will be available for 90 days. About Core.
Neutral
Business Wire
2 weeks ago
Core Scientific Appoints Elizabeth Crain to Board of Directors
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 the appointment of Elizabeth Crain to its Board of Directors, effective immediately. Ms. Crain will also serve as the Chair of the Company's Audit Committee. Ms. Crain brings over 30 years of experience in investment banking, private equity, and executive leadership. She is a Co-Founder and former Chief Operating.
Neutral
Zacks Investment Research
2 weeks ago
APLD vs. CORZ: Which AI Data Center Stock Is the Better Buy?
Both Applied Digital and Core Scientific are key players in the rapidly growing digital infrastructure sector, offering scalable solutions for AI and blockchain applications.
Neutral
Business Wire
2 weeks ago
Core Scientific Announces Departure of Board Member Todd Becker
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 that Todd Becker will be stepping down from its Board of Directors, effective immediately. Mr. Becker joined the Board in January 2024 and has served as Chair of the Audit Committee. During his tenure, he provided critical leadership and oversight as Core Scientific completed two significant capital raises that ma.
Neutral
Seeking Alpha
3 weeks ago
Core Scientific, Inc. (CORZ) Q1 2025 Earnings Call Transcript
Core Scientific, Inc. (NASDAQ:CORZ ) Q1 2025 Results Conference Call May 7, 2025 4:30 PM ET Company Participants Jon Charbonneau - Vice President, Investor Relations Adam Sullivan - CEO, President & Director Matt Brown - Chief Operating Officer Jim Nygaard - Chief Financial Officer Conference Call Participants Joe Flynn - Compass Point Research Brett Knoblauch - Cantor Fitzgerald Darren Aftahi - Roth MKM Nick Giles - B Riley John Todaro - Needham & Company Kevin Dede - H.C. Wainwright Paul Golding - Macquarie Capital Bill Papanastasiou - Keefe, Bruyette, & Woods Operator Good day, ladies and gentlemen, and welcome to Core Scientific First Quarter Fiscal Year 2025 Earnings Conference Call.
Negative
Zacks Investment Research
3 weeks ago
Core Scientific, Inc. (CORZ) Reports Q1 Loss, Misses Revenue Estimates
Core Scientific, Inc. (CORZ) came out with a quarterly loss of $0.10 per share versus the Zacks Consensus Estimate of a loss of $0.12. This compares to earnings of $0.19 per share a year ago.
Neutral
Business Wire
3 weeks ago
Core Scientific Announces Fiscal First Quarter 2025 Results
AUSTIN, Texas--(BUSINESS WIRE)---- $CORZ #CORZ--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 first quarter of 2025. Net income was $580.7 million, as compared to $210.7 million for the same period in 2024. Total revenue was $79.5 million, as compared to $179.3 million for the same period last year. Operating loss was $42.6 million, as compared to Operating income of $55.2.
Negative
Zacks Investment Research
1 month ago
Analysts Estimate Core Scientific, Inc. (CORZ) to Report a Decline in Earnings: What to Look Out for
Core Scientific, Inc. (CORZ) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
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