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The Latest Breaking News from Core Scientific

Bitcoin Miner Core Scientific In Buy Zone After $6.7 Bil Deal With Nvidia Partner

Bitcoin miner Core Scientific emerged from bankruptcy with a bang, earnings a buy rating after its deal with Nvidia Partner Coreweave.

Investors Business Daily

Bitcoin Miners Forge Lucrative AI Deals. They Have A Big Advantage.

Bitcoin miners are consolidating as crypto prices drop, but have something that deep-pocket AI developers need badly. Here's what's up.

Investors Business Daily

2 Bitcoin Mining Stocks to Buy for AI Data Center Upside

Here's why Bitcoin mining stocks such as Core Scientific and Iris Energy could be poised to tap into the AI boom in the upcoming decade.

Barchart

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Bitcoin Miner, Data Center Operator Surge On Analyst Action, AI Pivot

Bernstein initiated coverage of data center operator Iris Energy and bitcoin miner Core Scientific, noting potential in the transition to AI.

Investors Business Daily

Nvidia-backed AI cloud provider increases use of cryptocurrency mining facilities — CoreWeave expands contract as miners pivot to AI

CoreWeave has already expanded a relatively new contract for data center capacity to meet accelerating demand for its AI cloud services.

Tom’s Hardware

Bitcoin Investors Hit By 'Summer Blues,' Miners Tapped For AI Expansion

Bitcoin could fall through support or rebound to new highs, analyst says. Bitcoin miners tapped to power AI.

Investors Business Daily

Bankruptcy Survivor Core Scientific Self-Mines $175M Worth Of Bitcoin In Q1

Core Scientific mined a significant amount of Bitcoin in the first quarter of the year, even as it just emerged from bankruptcy in January.

International Business Times

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Bitcoin Mining Braces For A Shakeout As Halving Nears

The approaching bitcoin halving is sending some bitcoin mining companies running for cover. Others are rushing out to score good deals.

Investors Business Daily

Once Bankrupt Core Scientific Mines $1.4B Worth Bitcoin In 2023

Core Scientific has bounced back from its bankruptcy in late 2022 due to the slump in Bitcoin prices to mine Bitcoin worth around $1.4 billion in 2023.

International Business Times

Core Scientific Granted Court Approval for Restructuring Amid Bankruptcy

Core Scientific, a leading Bitcoin mining company, has received court approval for its restructuring plans as it navigates through a challenging period.

Top News

The crypto crash has been bad—and even worse for Bitcoin miners

Greed and bad decisions have left the once-booming Bitcoin mining industry reeling.

Fortune

12 Information Technology Stocks Moving In Friday's Intraday Session

Gainers

Benzinga

Benzinga's Top Ratings Upgrades, Downgrades For October 28, 2022

Upgrades

Benzinga

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Benzinga

Is Core Scientific Done? Bitcoin Miner Needs Cash, Warns Of Bankruptcy As Stock Plummets

Core Scientific (NASDAQ: CORZ) stock nose-dived by nearly 77% after it warned shareholders of a potential bankruptcy if it failed to improve its financial condition.

Benzinga

Stocks That Hit 52-Week Lows On Thursday

On Thursday, 111 stocks hit new 52-week lows.

Axios

Bitcoin miner's stock slides on bankruptcy fears

Core Scientific listed on the Nasdaq on Jan. 20.

Investors Business Daily

Cryptocurrency News And Price Weekly Wrap-Up For Oct. 21, 2022

Crypto News Weekly Wrap-Up: Jack Dorsey's decentralized social protocol; Tesla Bitcoin holdings; young investors turning to crypto; and more

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Benzinga

Benzinga's Top Ratings Upgrades, Downgrades For October 4, 2022

Upgrades

Benzinga

Benzinga's Top Ratings Upgrades, Downgrades For September 27, 2022

Upgrades

Benzinga

12 Information Technology Stocks Moving In Friday's Intraday Session

StockNews.com

Down More Than 70% in 2022, is Now a Good Time to Buy Core Scientific?

The shares of digital asset mining company Core Scientific (CORZ) have plummeted more than 70% in price since their listing on January 20 due to bearish investor sentiment and industry headwinds. And because analysts expect the “crypto winter” to continue, the question is will CORZ be able to regain forward…

Benzinga

12 Information Technology Stocks Moving In Friday's After-Market Session

Gainers

Benzinga

Here's How This Bitcoin Mining Company Fared In FY21

Bitcoin mining company Sphere 3D Corp (NASDAQ:ANY) reported an FY21 revenue decline of 23.3% year-on-year to $3.72 million. The gross margin contracted 80 bps to 45.6%. Operating expenses more than doubled to $21.4 million. EPS loss was $(0.58) versus $(0.98) last year. Sphere 3D held $54.4 million in cash and equivalents. CEO Peter Tassiopoulos…

Kiplinger

The Best Bitcoin ETFs to Buy

Bitcoin ETFs eliminate the need for self-custody of the cryptocurrency while providing excellent liquidity. Here are a few we like.

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