AUSTIN, Texas / May 15, 2024 / Business Wire / Core Scientific, Inc. (NASDAQ: CORZ) ("Core Scientific" or “the Company”), a leader in bitcoin mining, specializing in application-specific digital infrastructure for emerging high-value compute, today announced its Chief Executive Officer, Adam Sullivan, will present at the 19 th Annual Needham Technology, Media & Consumer conference on May 16, 2024 at 8:00 am Eastern Daylight... Read More

Fiscal First Quarter 2024 Highlights Generated net income of $210.7 million, including a gain on extinguishment of prior obligations of $143.8 million Produced adjusted EBITDA of $88.0 million Strengthened the balance sheet, ending the quarter with $98.1 million in cash and cash equivalents Earned 2,825 self-mined bitcoin,... Read More

Earned 803 self-mined bitcoin for a total of 3,628 bitcoin year-to-date, and our customers earned an estimated 265 bitcoin at our data centers in April Completed deployment of 2.5 EH/s of S21 miners from previously announced order Operated approximately 224,000 owned and hosted bitcoin miners for a total energized hash rate of... Read More

AUSTIN, Texas / May 03, 2024 / Business Wire / Core Scientific, Inc. (NASDAQ: CORZ) ("Core Scientific" or “the Company”), a leader in bitcoin mining and application-specific digital infrastructure for emerging high-value compute, today announced it will issue financial results for the Company's first quarter fiscal year 2024 after financial markets close on Wednesday, May 8, 2024. Management will host a conference call and... Read More

Completion of partially built structures will increase total operational infrastructure at Denton data center to 197 MW, total Company-owned infrastructure to 817 MW Completion expected by end of second quarter 2024 Expansion highlights strategic advantage of owning and controlling infrastructure and access to power AUSTIN,... Read More

The 10.8 million shares associated with registration statement are included in Core Scientific’s 177.6 million total current share count as of April 11, 2024 AUSTIN, Texas / Apr 15, 2024 / Business Wire / Core Scientific, Inc. (Nasdaq: CORZ) ("Core Scientific" or “the Company”), a leader in bitcoin mining and application-specific digital infrastructure for emerging high-value compute, today announced the filing of a... Read More

Earned 906 self-mined bitcoin and our customers earned an estimated 309 bitcoin at our data centers in March for a first quarter total of 2,825 self-mined bitcoin and an estimated 970 customer-earned bitcoin Deployed first shipment of approximately 2,500 S21 miners from previously announced order Expanded owned operational... Read More

Fiscal Year 2023 Highlights A total of 19,274 bitcoin earned in our data centers; 13,762 bitcoin by self-mining for our account, more than any other publicly listed miner in North America, and an estimated 5,512 for our hosting clients’ accounts Operated total hash rate of 23.2 EH/s, consisting of 16.9 EH/s self-mining and 6.3 EH/s hosting Owned and managed 724 megawatts of infrastructure, the largest owned infrastructure... Read More

Strategic extension of data center hosting business levers Core Scientific’s expertise in high value compute to broaden revenue model to customers engaged in rapidly growing High-Performance Computing (“HPC”) Core Scientific leases Austin, TX data center formerly housing Hewlett Packard; provides basis for potential growth... Read More

AUSTIN, Texas / Mar 05, 2024 / Business Wire / Core Scientific, Inc. (NASDAQ: CORZ, CORZW, CORZZ) ("Core Scientific" or “the Company”), a leader in bitcoin mining and digital infrastructure for emerging high-value compute, today announced it will issue financial results for the Company's full fiscal year ended December 31, 2023 after financial markets close on Tuesday, March 12, 2024. Management will host a conference call... Read More

Core Scientific, Inc. February ‘24 Update - Operated approximately 222,000 owned and hosted bitcoin miners Earned 893 self-mined bitcoin and our customers earned an estimated 307 bitcoin in our data centers in February Increased self-mining hash rate by redeploying previous generation miners Completed all payments due in 2024... Read More

Operated approximately 218,000 owned and hosted bitcoin miners Produced 1,027 self-mined bitcoin and an estimated 354 bitcoin from hosted miners in January Expanded self-mining energized hash rate by 1.7 EH/s with new miner deployments Improved self-mining fleet energy efficiency by five percent, to 26.44 Joules per Terahash (J/TH) AUSTIN, Texas / Feb 05, 2024 / Business Wire / Core Scientific, Inc. (Nasdaq: CORZ, CORZW,... Read More

The Company maintains its position as one of the largest bitcoin miners in North America; Announces new Board of Directors AUSTIN, Texas / Jan 23, 2024 / Business Wire / Core Scientific, Inc. ("Core Scientific" or the “Company”), a leader in bitcoin mining and infrastructure for high-value compute, today announced it has successfully completed its reorganization pursuant to Chapter 11 of the United States Bankruptcy Code.... Read More

Voluntarily Files for Reorganization under Chapter 11 Will Enable the Company to Continue to Operate Normally While Navigating the Challenges Facing Its Industry AUSTIN, Texas , Dec. 21, 2022 /PRNewswire/ -- Core Scientific, Inc. (NASDAQ: CORZ)("Core Scientific" or "the Company"), a leader in high-performance blockchain computing data centers today announced that, after a comprehensive review of potential alternatives and... Read More

Proposes Debt Restructuring to Core Scientific Board in Order to Avoid Bankruptcy LOS ANGELES , Dec. 14, 2022 /PRNewswire/ -- B. Riley Financial, Inc. (NASDAQ: RILY) ("B. Riley"), a diversified financial services platform which is one of the largest creditors of Core Scientific, Inc . (NASDAQ: CORZ) ("Core Scientific" or "the Company"), today issued an open letter to Core Scientific shareholders and lenders. In light of Core... Read More

• Operating approximately 243,000 owned and colocated ASIC servers • Produced 1,295 self-mined bitcoins Core Scientific, Inc. (NASDAQ: CORZ) ("Core Scientific" or “the Company”), a leader in high-performance blockchain computing data centers and software solutions, today announced production and operational updates for October 2022. Data Centers As of month-end, the Company operated approximately 243,000 ASIC servers for... Read More

Operating approximately 232,000 owned and colocated ASIC servers Produced 1,213 self-mined bitcoins Core Scientific, Inc. (NASDAQ: CORZ) ("Core Scientific" or “the Company”), a leader in high-performance blockchain computing data centers and software solutions, today announced production and operational updates for September 2022. “We continued growing our infrastructure and operating servers in September. Bitcoin production... Read More

Core Scientific, Inc. (NASDAQ: CORZ) ("Core Scientific" or “the Company”), a leader in high-performance blockchain computing data centers and software solutions, today announced production and operational updates for August 2022. “Self-mining and colocation activities continued to grow in August. We deployed more than 25,000 new ASIC servers in August, increasing our total hashrate to over 21 EH/s. Both our total hashrate... Read More

CORE SCIENTIFIC ANNOUNCES SECOND QUARTER 2022 RESULTS Core Scientific, Inc. (NASDAQ: CORZ), a leader in high-performance blockchain data centers and software solutions, reported its financial results for the second quarter ended June 30, 2022. Second Quarter 2022 Financial Highlights (Compared to Second Quarter 2021)... Read More

Core Scientific, Inc. (NASDAQ: CORZ) (“Core Scientific” or “the Company”), a leader in high-performance blockchain data centers and software solutions, today announced production and operational updates for July 2022. “We deployed 14,000 new ASIC servers in July. These deployments increased our total hashrate to approximately... Read More

Core Scientific, Inc. (NASDAQ: CORZ) ("Core Scientific" or “the Company”), a leader in high-performance blockchain data centers and software solutions, today announced it will issue financial results for the Company's second quarter after the market closes on Thursday, August 11, 2022. Management will host a conference call and live audio webcast to discuss the results at 3:30 p.m. Central Time that day. Hosting the call to... Read More

Core Scientific, Inc. (NASDAQ: CORZ) (“Core Scientific” or “the Company”), a leader in high-performance blockchain data centers and software solutions, today announced that it has entered into a colocation agreement to increase its hosting business by 75MW. The recently signed colocation agreement will generate approximately... Read More

Core Scientific, Inc. (NASDAQ: CORZ) ("Core Scientific" or “the Company”), a leader in high-performance blockchain data centers and software solutions, today announced it entered into a $100 million common stock purchase agreement with B. Riley Principal Capital II, LLC (“B. Riley”). “Securing access to additional capital during adverse market conditions enhances our liquidity and expands our strategic optionality,” said... Read More

Core Scientific, Inc. (NASDAQ: CORZ) ("Core Scientific" or “the Company”), a leader in high-performance blockchain data centers and software solutions, today announced production and operational updates for June 2022. “Throughout June we continued to add data center capacity, grow our self-mining assets and deploy additional... Read More

Core Scientific, Inc. (NASDAQ: CORZ) ("Core Scientific" or “the Company”), a leader in high-performance blockchain data centers and software solutions, is set to join the Russell 3000 ® Index at the conclusion of the 2022 Russell indexes annual reconstitution, effective after the US market opens today, June 27, according to a... Read More

Form 4 section, third sentence should read: Mr. Feinstein also informed the Company that he has completed the necessary sales (instead of Mr. Feinstein also informed the Company that he had completed the necessary sales.). The updated release reads: CORE SCIENTIFIC ANNOUNCES MAY UPDATES Operating over 170,000 owned and... Read More

Core Scientific, Inc . (NASDAQ: CORZ), a leader in high-performance blockchain data centers and software solutions, reported its financial results for the first quarter ended March 31, 2022. First Quarter 2022 Financial Highlights (Compared to First Quarter 2021) Total revenue increased by 255% to $192.5 million Gross profit increased by 382% to $70.0 million Net loss of $466.2 million, driven by a noncash mark-to-market... Read More

Core Scientific, Inc. (NASDAQ: CORZ) ("Core Scientific" or “the Company”), a leader in high-performance blockchain infrastructure and software solutions, today announced production and operations updates for April 2022. “We expanded both our self-mining and hosting businesses in the month of April, producing 1,121 bitcoins for... Read More

Core Scientific, Inc. (NASDAQ: CORZ) ("Core Scientific" or “the Company”), a leader in high-performance, net carbon neutral blockchain infrastructure and software solutions, today announced it will issue financial results for the Company's first fiscal quarter after the market closes on Thursday, May 12, 2022. Management will... Read More

Core Scientific, Inc. (NASDAQ: CORZ) ("Core Scientific" or “the Company”), a leader in high-performance, net carbon neutral blockchain infrastructure and software solutions, today announced it has begun daily reporting of self-mined Bitcoin production on its corporate website, corescientific.com , updated at 12:00pm EST every... Read More

Core Scientific, Inc. (NASDAQ: CORZ) ("Core Scientific" or “the Company”), a leader in high-performance, net carbon neutral blockchain infrastructure and software solutions, today announced production and operations updates for March 2022. “In March we self-mined 1,143 bitcoins, not only representing our largest monthly bitcoin production to date, but also the largest monthly production by any U.S.-based, publicly traded... Read More

Core Scientific, Inc. (NASDAQ: CORZ), a leader in high-performance, net carbon neutral blockchain infrastructure and software solutions, reported its consolidated financial results for the fiscal year ended December 31, 2021. Total revenue increased by 803% to $544.5 million Fiscal Year 2021 Financial Highlights (Compared to Fiscal Year 2020) Gross profit increased by 2,443% to $238.9 million Net Income increased to $47.3... Read More

Core Scientific, Inc. (NASDAQ: CORZ) ("Core Scientific" or “the Company”), a leader in high-performance, net carbon neutral blockchain infrastructure and software solutions, today announced it will issue financial results for the Company's full fiscal year ended December 31, 2021 after the market closes on Tuesday, March 29, 2022. Management will host a conference call and live audio webcast to discuss the results at 3:30... Read More

Core Scientific, Inc. (NASDAQ: CORZ) ("Core Scientific" or “the Company”), a leader in high-performance, net carbon neutral blockchain infrastructure and software solutions, today announced that management will participate in the following investor conferences in the month of March: 34 th Annual Roth Conference on March 14 Cannacord Genuity Blockchain Infrastructure and Mining Conference on March 17 Ladenburg Thalmann Crypto... Read More

Core Scientific, Inc. (NASDAQ: CORZ) ("Core Scientific" or “the Company”), a leader in high-performance, net carbon neutral blockchain infrastructure and software solutions, today announced preliminary financial results for the fiscal year ending December 31, 2021, initial fiscal year 2022 operating guidance and February... Read More

Core Scientific, Inc. (NASDAQ: CORZ) ("Core Scientific" or “the Company”), a leader in high-performance, net carbon neutral blockchain infrastructure and software solutions, today announced production and operations updates for January 2022. “For the second month in a row, our self-mining operations produced more than 1,000... Read More