Welcome to our dedicated page for Core Scientific news (Ticker: CORZ), a resource for investors and traders seeking the latest updates and insights on Core Scientific stock.
Core Scientific, Inc. (NASDAQ: CORZ) is active in data processing, hosting and related services, with a focus on digital infrastructure for high-density colocation and digital asset mining. News about Core Scientific often centers on its strategic shift from a primarily bitcoin mining profile toward a broader role in high-performance computing and artificial intelligence-related workloads.
Recent company announcements highlight its plan to convert most existing facilities to support AI-related workloads and next generation colocation services, while repurposing remaining digital asset mining sites for high-density colocation computing. Investors following CORZ news can track updates on this transition, including changes in revenue mix among digital asset self-mining, hosted mining and high-density colocation segments.
Another key news theme is corporate and capital markets activity. Core Scientific entered into an Agreement and Plan of Merger with CoreWeave, Inc. in July 2025, which would have resulted in an all-stock acquisition. Subsequent press releases and Form 8-K filings reported the scheduling of a special meeting of stockholders, proxy-related communications and litigation challenging merger-related disclosures. On October 30, 2025, the company announced that stockholders did not approve the merger proposal and that the Merger Agreement was terminated, with Core Scientific remaining a standalone, publicly traded company on Nasdaq.
Coverage of CORZ also includes quarterly financial results, such as revenue contributions from digital asset self-mining, hosted mining and high-density colocation, as well as investor calls and presentations. In addition, third-party commentary from shareholders and potential acquirers provides perspectives on Core Scientific’s assets, power access and role in the AI infrastructure build-out. For ongoing context on these developments, the CORZ news page aggregates company releases, investor communications and related market commentary.
Core Scientific (NASDAQ: CORZ), a bitcoin mining leader, announced that CEO Adam Sullivan will present at the 19th Annual Needham Technology, Media, & Consumer Conference on May 16, 2024, at 8:00 am EDT. The presentation will cover the company's advancements in application-specific digital infrastructure. A live webcast and a replay will be available on Core Scientific's website.
Core Scientific, Inc. (NASDAQ: CORZ) announced strong fiscal first quarter 2024 results, highlighted by net income of $210.7 million, adjusted EBITDA of $88.0 million, and total revenue of $179.3 million. The company strengthened its balance sheet, ending the quarter with $98.1 million in cash and cash equivalents. Core Scientific operated the largest owned infrastructure footprint among publicly listed miners in North America, with 745 megawatts of infrastructure. The company improved its self-mining fleet energy efficiency and earned 2,825 self-mined bitcoins, the highest among publicly listed miners in North America. Core Scientific also announced plans to expand into high-performance computing, leveraging its operational infrastructure and access to 1.2 gigawatts of power.
Core Scientific, Inc. (Nasdaq: CORZ) announced production and operations updates for April 2024, showcasing strong performance in bitcoin mining. The company earned 803 self-mined bitcoins and its customers earned 265 bitcoins in April, with a total of 3,628 bitcoins year-to-date. Core Scientific completed the deployment of 2.5 EH/s of S21 miners, operating approximately 224,000 owned and hosted bitcoin miners for a total energized hash rate of 26.7 exahash as of April 30, 2024. The company plans to add 372 megawatts of new infrastructure to increase hash rate and enhance revenue potential.
Core Scientific, Inc. (NASDAQ: CORZ) will release its first quarter fiscal year 2024 financial results after markets close on May 8, 2024. The company will host a conference call and webcast to discuss the results with management including CEO Adam Sullivan, CFO Denise Sterling, and SVP Investor Relations Steven A. Gitlin. Investors can access the live webcast on the company's website.
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