Core Scientific Inc

Earnings data Q4 2021

Earnings data Q1 2022

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Earnings data Q4 2023

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Earnings data Q4 2024

Core Scientific excels in Q1 earnings, eyes HPC expansion

Core Scientific's Q1 2024 Earnings Call highlighted robust financial performance, strategic infrastructure investments, and a focus on growth funding. The company aims to secure prepayments from clients for future growth funding and targets high EBITDA margins. With a strong market position in bitcoin mining, Core Scientific is poised for continued growth and expansion.

Core Scientific reports robust Q2 revenue, eyes growth in digital infrastructure

Core Scientific's Q2 performance reflects strong revenue generation and operational progress, despite a significant net loss driven by mark-to-market adjustments.
The company's strategic focus on digital infrastructure for bitcoin mining and HPC hosting positions it well for future growth and innovation.
To capitalize on opportunities and address challenges, Core Scientific is actively pursuing debt reduction, liquidity enhancement, and strategic growth initiatives.

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Core Scientific, Inc. engages in the business of operating a purpose-built facility for digital asset mining and provision of blockchain infrastructure, software solutions, and services. It operates under the Mining and Hosting segments. The Mining segment focuses on bitcoin mining for the company's own account. The Hosting segment includes blockchain infrastructure and third-party hosting business. The company was founded by Michael Jeffrey Levitt and Darin Feinstein on December 13, 2017 and is headquartered in Dover, DE.

NEW YORK--( BUSINESS WIRE )--WHY: Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of the securities of Core Scientific, Inc. (NASDAQ: CORZ) between January 3, 2022 and October 26, 2022, both dates inclusive (the “Class Period”). A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than January 13, 2023.

EQUITY ALERT: Rosen Law Firm Encourages Core Scientific, Inc. Investors with Losses in Excess of $100K to Secure Counsel Before Important Deadline in Securities Class Action – CORZ

BENSALEM, Pa.--( BUSINESS WIRE )--Law Offices of Howard G. Smith announces that a class action lawsuit has been filed on behalf of investors who purchased Core Scientific Inc. (“Core Scientific” or the “Company”) (NASDAQ: CORZ) securities between January 3, 2022 and October 26, 2022, inclusive (the “Class Period”). Core Scientific investors have until January 13, 2023 to file a lead plaintiff motion.

INVESTOR ALERT: Law Offices of Howard G. Smith Announces the Filing of a Securities Class Action on Behalf of Core Scientific, Inc. (CORZ) Investors

LOS ANGELES--( BUSINESS WIRE )--Glancy Prongay & Murray LLP (“GPM”), announces that it has filed a class action lawsuit in the United States District Court for the Western District of Texas, captioned Pang v. Core Scientific Inc., et al., Case No. 22-cv-1191, on behalf of persons and entities that purchased or otherwise acquired Core Scientific Inc. (“Core Scientific” or the “Company”) (NASDAQ: CORZ) securities between January 3, 2022 and October 26, 2022, inclusive (the “Class Period”). Plaintiff pursues claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 (the “Exchange Act”).

CORZ CLASS ACTION NOTICE: Glancy Prongay & Murray LLP Files Securities Fraud Lawsuit Against Core Scientific, Inc.

AUSTIN, Texas--(BUSINESS WIRE)--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.

Core Scientific Announces October Updates

It is becoming increasingly likely that Core Scientific, one of the world's largest bitcoin miners, is facing the threat of insolvency. Bankruptcy rumours first emerged when, last Thursday, the Nasdaq-quoted company disclosed in a Securities and Exchange Commission (SEC) filing that “given the uncertainty regarding the company's financial condition, substantial doubt exists about the company's ability to continue as a going concern for a reasonable period of time”.

Core Scientific drops Ernst & Young as external auditor amid bankruptcy fears

Los Angeles, California--(Newsfile Corp. - October 31, 2022) - The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Core Scientific, Inc. ("Core Scientific" or "the Company") (NASDAQ: CORZ) for violations of the securities laws.The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

ONGOING INVESTIGATION ALERT: The Schall Law Firm Encourages Investors in Core Scientific, Inc. with Losses of $100,000 to Contact the Firm

LOS ANGELES--(BUSINESS WIRE)---- $CORZ #CORZ--The Schall Law Firm Encourages Investors in Core Scientific, Inc. with Losses of $100,000 to Contact the Firm

INVESTIGATION NOTICE: The Schall Law Firm Encourages Investors in Core Scientific, Inc. with Losses of $100,000 to Contact the Firm

LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”), a leading national shareholder rights law firm, continues its investigation on behalf of Core Scientific, Inc. (“Core Scientific” or the “Company”) (NASDAQ: CORZ) investors concerning the Company's possible violations of the federal securities laws.

Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Continues Its Investigation of Core Scientific, Inc. (CORZ) on Behalf of Investors

Los Angeles, California--(Newsfile Corp. - October 28, 2022) - The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Core Scientific, Inc. ("Core Scientific" or "the Company") (NASDAQ: CORZ) for violations of the securities laws.The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

INVESTIGATION REMINDER: The Schall Law Firm Encourages Investors in Core Scientific, Inc. with Losses of $100,000 to Contact the Firm

INVESTOR ALERT: Law Offices of Howard G. Smith Continues Its Investigation of Core Scientific, Inc. (CORZ) on Behalf of Investors

LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R.

The Law Offices of Frank R. Cruz Continues Its Investigation of Core Scientific, Inc. (CORZ) on Behalf of Investors

INVESTIGATION ALERT: The Schall Law Firm Encourages Investors in Core Scientific, Inc. with Losses of $100,000 to Contact the Firm

Today's move in Core Scientific (NASDAQ: CORZ ) has decimated investor interest in the Bitcoin ( BTC-USD ) mining sector. At the time of writing, CORZ stock has absolutely plummeted more than 75%.

Why Is Core Scientific (CORZ) Stock Plunging Today?

(Kitco News) - Publicly traded Bitcoin mining firm Core Scientific is on the brink of insolvency and could go bankrupt by the end of 2022, according to filings with the SEC.

Core Scientific, one of the largest publicly traded Bitcoin mining companies, is on the brink of bankruptcy

Bitcoin miner Core Scientific raised the possibility of bankruptcy in an SEC filing.

Bitcoin miner Core Scientific issues bankruptcy warning and the stock is down 97% for the year

Core Scientific has disclosed that it will not be paying equipment-related debt obligations that are coming due in late-October and early-November. The mining sector as a whole has seen profitability collapse to the lowest level ever.

Core Scientific: The Bitcoin Miner Is In Trouble

NEW YORK , Oct. 26, 2022 /PRNewswire/ -- WHY: Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of Core Scientific, Inc. (NASDAQ: CORZ) resulting from allegations that Core Scientific may have issued materially misleading business information to the investing public. SO WHAT: If you purchased Core Scientific securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

ROSEN, LEADING INVESTOR COUNSEL, Encourages Core Scientific, Inc. Investors to Inquire About Securities Class Action Investigation - CORZ

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NEW YORK--(BUSINESS WIRE)--WHY: Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of Core Scientific, Inc. (NASDAQ: CORZ) resulting from allegations that Core Scientific may have issued materially misleading business information to the investing public.

EQUITY ALERT: ROSEN, A TOP RANKED LAW FIRM, Encourages Core Scientific, Inc. Investors to Inquire About Securities Class Action Investigation – CORZ

Core Scientific has more than enough sales and access to capital to endure the temporary downturn in Bitcoin prices. By the end of 2022, the company projects it should produce around 2,000 Bitcoins monthly.

Core Scientific: A Solid Bitcoin Mining Play

AUSTIN, Texas,--(BUSINESS WIRE)--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 was impacted across the company's data centers due to several unique circumstances, including severe weather events and electrical equipm

Core Scientific Announces September Updates

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News for Core Scientific Inc Stock (CORZ)