Company growth continues in support of high-performance compute customers DENTON, Texas / Nov 20, 2024 / Business Wire / Core Scientific Inc. (Nasdaq: CORZ) (“Core Scientific” or the “Company”), a leader in digital infrastructure for high-performance computing and bitcoin mining, today announced the Denton City Council’s approval of amendments to the Company’s Power Purchase Agreements and land leases. The approval came... Read More

Company growth continues in support of high-performance compute customers MUSKOGEE, Okla. / Nov 18, 2024 / Business Wire / Core Scientific Inc. (Nasdaq: CORZ) (“Core Scientific” or the “Company”), a leader in digital infrastructure for high-performance computing and bitcoin mining, CoreWeave, the AI hyperscaler, and Port... Read More

Fiscal Third Quarter 2024 Highlights Incurred net loss of $455.3 million due primarily to a net $408.5 million non-cash mark-to-market adjustment to our warrants and other contingent value right liabilities required as a result of significant quarter-over-quarter increase in the value of our equity Generated operating loss of... Read More

Earned 369 Self-Mined Bitcoin for a Total of 5,990 Bitcoin Year-to-Date and Our Customers Earned an Estimated 52 Bitcoin at Our Data Centers in October AUSTIN, Texas / Nov 05, 2024 / Business Wire / Core Scientific, Inc. (Nasdaq: CORZ) ("Core Scientific" or “the Company”), a leader in digital infrastructure for bitcoin mining and high-performance computing, today released unaudited production and operations updates for... Read More

AUSTIN, Texas / Oct 30, 2024 / Business Wire / Core Scientific, Inc. (NASDAQ: CORZ) ("Core Scientific" or “the Company”), a leader in digital infrastructure for bitcoin mining and high-performance computing, today announced it will issue financial results for the Company's fiscal year 2024 third quarter after financial markets close on Wednesday, November 6, 2024. Management will host a conference call and live audio webcast... Read More

Expands Total Contracted HPC Infrastructure by CoreWeave to Approximately 500 Megawatts of Critical IT Load at Six Core Scientific Sites Increases Potential Cumulative Revenue to $8.7 Billion over 12 Year Contract Terms Core Scientific Pursuing Expansions to Existing Data Centers and Evaluating Additional Sites to Expand HPC... Read More

Earned 345 Self-Mined Bitcoin in September for a Total of 5,621 Bitcoin Year-to-Date and 1,115 in the Third Quarter; Clients Earned an Estimated 66 Bitcoin at Our Data Centers in September AUSTIN, Texas / Oct 07, 2024 / Business Wire / Core Scientific, Inc. (Nasdaq: CORZ) ("Core Scientific" or “the Company”), a leader in digital infrastructure for bitcoin mining and high-performance computing, today released unaudited... Read More

AUSTIN, Texas / Sep 06, 2024 / Business Wire / Core Scientific, Inc. (Nasdaq: CORZ) ("Core Scientific" or “the Company”), a leader in digital infrastructure for bitcoin mining and high-performance computing, today announced a 30-day extension of CoreWeave’s remaining option to contract 118 megawatts of infrastructure for high-performance computing (“HPC”). Both Core Scientific and CoreWeave agreed to the 30-day option... Read More

AUSTIN, Texas / Sep 06, 2024 / Business Wire / Core Scientific, Inc. (NASDAQ: CORZ) (“Core Scientific” or the “Company”), a leader in digital infrastructure for bitcoin mining and high-performance computing, today announced that Denise Sterling has decided to step down from her role as Executive Vice President and Chief Financial Officer effective May 1, 2025 or as soon as a permanent successor has been identified. Core... Read More

Earned 358 Self-Mined Bitcoin for a Total of 5,275 Bitcoin Year-to-Date and Our Customers Earned an Estimated 90 Bitcoin at Our Data Centers in August AUSTIN, Texas / Sep 05, 2024 / Business Wire / Core Scientific, Inc. (Nasdaq: CORZ) ("Core Scientific" or “the Company”), a leader in digital infrastructure for bitcoin mining... Read More

AUSTIN, Texas / Aug 30, 2024 / Business Wire / Core Scientific, Inc. (Nasdaq: CORZ) ("Core Scientific" or “the Company”), a leader in digital infrastructure for bitcoin mining and high-performance computing, today announced that management will participate in the following investor conferences in the month of September: On Thursday, September 5, 2024 from 11:30 a.m. to 12:00 p.m. ET, CEO Adam Sullivan is scheduled to present... Read More

Repays $267 million in debt, reducing interest rate from approximately 12.5% to 3% Removes restrictive covenants associated with certain notes Increases cash on hand to fund site acquisitions for HPC hosting growth AUSTIN, Texas / Aug 20, 2024 / Business Wire / Core Scientific, Inc. (NASDAQ: CORZ) (“Core Scientific” or the “Company”), a leader in digital infrastructure for bitcoin mining and high-performance computing, today... Read More

AUSTIN, Texas / Aug 14, 2024 / Business Wire / Core Scientific, Inc. (NASDAQ: CORZ) (“Core Scientific” or the “Company”), a leader in digital infrastructure for bitcoin mining and high-performance computing, today announced the pricing of its offering of $400 million aggregate principal amount of 3.00% convertible senior notes due 2029 (the “notes”) in a private offering to qualified institutional buyers pursuant to Rule... Read More

AUSTIN, Texas / Aug 13, 2024 / Business Wire / Core Scientific, Inc. (NASDAQ: CORZ) ("Core Scientific" or “the Company”), a leader in digital infrastructure for bitcoin mining and high-performance computing, today announced that CEO Adam Sullivan will present at the 44 th Annual Cannacord Growth Conference on August 14 at 9:30 a.m. ET. A live webcast of the presentation can be accessed by clicking this link and also by... Read More

AUSTIN, Texas / Aug 13, 2024 / Business Wire / Core Scientific, Inc. (NASDAQ: CORZ) (“Core Scientific” or the “Company”), a leader in digital infrastructure for bitcoin mining and high-performance computing, today announced its intention to offer, subject to market and other conditions, $350.0 million aggregate principal amount of convertible senior notes due 2029 (the “notes”) in a private offering to qualified... Read More

Fiscal Second Quarter 2024 Highlights Incurred net loss of $804.9 million due primarily to a net $796.0 million non-cash mark-to-market adjustment to our warrants and other contingent value right liabilities required as a result of significant quarter-over-quarter increase in the value of our equity Generated operating income of $6.6 million, a decrease of $2.9 million over second quarter 2023 Produced adjusted EBITDA of... Read More

Expands Total Contracted HPC Infrastructure by CoreWeave to 382 Megawatts at Five Core Scientific sites Increases Potential Cumulative Revenue to More than $6.7 Billion over 12 Years Core Scientific Actively Seeking Additional Sites to Expand HPC Hosting Capacity beyond Original 500 Megawatts AUSTIN, Texas / Aug 06, 2024 /... Read More

Earned 411 Self-Mined Bitcoin for a Total of 4,917 Bitcoin Year-to-Date and Our Customers Earned an Estimated 110 Bitcoin at Our Data Centers in July First Bitcoin Miner to Support Foundry Donate, a Program to Fund Bitcoin Network Core Developers AUSTIN, Texas / Aug 05, 2024 / Business Wire / Core Scientific, Inc. (Nasdaq:... Read More

AUSTIN, Texas / Jul 31, 2024 / Business Wire / Core Scientific, Inc. (NASDAQ: CORZ) ("Core Scientific" or “the Company”), a leader in digital infrastructure for bitcoin mining and high-performance computing, today announced it will issue financial results for the Company's fiscal year 2024 second quarter after financial markets close on Wednesday, August 7, 2024. Management will host a conference call and live audio webcast... Read More

Strong Share Price Performance Makes Tranche 2 Warrants Exercisable until January 23, 2029 AUSTIN, Texas / Jul 12, 2024 / Business Wire / Core Scientific, Inc. (NASDAQ: CORZ) (“Core Scientific” or the “Company”), one of the largest owners and operators of high-powered digital infrastructure for bitcoin mining and hosting services in North America, today announced the satisfaction of the “TEV Triggering Event” pursuant to the... Read More

Bitcoin mining leader Core Scientific becomes the first to procure Block’s new ASIC technology for large-scale mining operations, built by the Proto team which leads the mining initiative and the self-custody wallet, Bitkey. Joint project further underscores Proto’s commitment to fostering innovation and decentralization in the bitcoin mining ecosystem. DISTRIBUTED-WORK-MODEL/OAKLAND, Calif. / Jul 10, 2024 / Business Wire /... Read More

Strong Business Momentum and Share Trading Performance Trigger Conversion of Outstanding Convertible Notes, Completing the Elimination of $260 Million of Debt from Balance Sheet AUSTIN, Texas / Jul 08, 2024 / Business Wire / Core Scientific, Inc. (NASDAQ: CORZ) (“Core Scientific” or the “Company”), one of the largest owners... Read More

Secured High-Performance Computing (HPC) Hosting Contracts with CoreWeave for 270 MW of Infrastructure, Representing Total Revenue Opportunity of More than $4.7 Billion over 12-Year Terms Earned 430 Self-Mined Bitcoin for a Total of 4,506 Bitcoin Year-to-Date and 1,680 in the Second Quarter; Clients Earned an Estimated 110... Read More

Marks Another Meaningful Step in Execution of Portfolio Diversification Strategy Increases Total Owned and Contracted Infrastructure Allocated for HPC Hosting to Approximately 270 MW AUSTIN, Texas / Jun 25, 2024 / Business Wire / Core Scientific, Inc. (NASDAQ: CORZ) (“Core Scientific” or the “Company”), one of the largest... Read More

AUSTIN, Texas / Jun 10, 2024 / Business Wire / Core Scientific, Inc. (NASDAQ: CORZ) ("Core Scientific" or “the Company”), one of the largest owners and operators of high-powered digital infrastructure for bitcoin mining and hosting services in North America, today announced it will webcast live its Investor and Analyst presentation on June 12, 2024. The presentation is scheduled to begin at approximately 11:15 am CT and end... Read More

Proposal Significantly Undervalues the Company and Is Not in the Best Interests of Core Scientific and its Shareholders Core Scientific Remains Focused on Executing Previously Announced Series of 12-Year Contracts with CoreWeave, which Are Expected to Generate Over $3.5 Billion in Cumulative Revenue No Shareholder Action... Read More

Earned 447 self-mined bitcoin for a total of 4,076 bitcoin year-to-date, and our customers earned an estimated 128 bitcoin at our data centers in May Operated approximately 219,000 owned and hosted bitcoin miners for a total energized hash rate of 26.1 exahash as of May 31, 2024 AUSTIN, Texas / Jun 05, 2024 / Business Wire /... Read More

Transforms and Expands Core Scientific’s Hosting Business and Earnings Power While Maintaining Bitcoin Mining Capacity and Growth Potential Long-Term Hosting Agreements Expected to Generate Total Cumulative Revenue for Core Scientific of More Than $3.5 Billion During Initial 12-Year Contract Terms Positions Core Scientific as a Leading Player in the AI Data Center Space AUSTIN, Texas / Jun 03, 2024 / Business Wire / Core... Read More

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