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) closed an additional $500 million commitment from J.P. Morgan under the accordion of its 364-day credit facility, bringing total funded commitments to $1.0 billion.
Borrowings under the Facility carry interest at SOFR + 250 bps and proceeds are intended for general corporate purposes tied to data center development, equipment purchases, real property acquisition, pre-development costs, and energy procurement agreements.
Core Scientific (NASDAQ: CORZ) announced a multi-year global partnership naming the company as Official Data Center Partner to Cadillac Formula 1 Team. Core Scientific will advise and design high-density data center infrastructure for the team's new U.S. headquarters in Indianapolis, supporting simulation, engineering, manufacturing and race operations.
The agreement includes strategic consulting, architectural guidance, cloud-hybrid optimization for U.S. and U.K. operations, and long-term scalability ahead of the 2026 season; Core Scientific branding debuted at the Australian Grand Prix.
Core Scientific (Nasdaq: CORZ) completed an initial closing of a $500 million 364-day loan facility from Morgan Stanley, with an accordion to increase commitments by up to an additional $500 million for total commitments of up to $1.0 billion, subject to customary conditions.
Borrowings bear interest at SOFR + 250 bps and proceeds are intended for general corporate purposes tied to data center development, equipment, real property, and energy procurement.
Core Scientific (NASDAQ: CORZ) reported Q4 2025 results: total revenue of $79.8M, colocation revenue of $31.3M, gross profit of $20.8M and net income of $216.0M. Capital expenditures were $279.2M, with $226.2M funded by CoreWeave.
The company disclosed a material restatement of prior periods due to improper capitalization of assets committed to demolition and will restate multiple 2024–2025 interim and annual periods.
Core Scientific (Nasdaq: CORZ) will release fourth quarter and fiscal year 2025 results after market close on Monday, March 2, 2026. Management will host a conference call and live audio webcast at 3:30 p.m. Central Time to discuss results.
Executives on the call include CEO Adam Sullivan, COO Matt Brown, CFO Jim Nygaard, and VP Investor Relations Jon Charbonneau. Investors can access the live webcast via the company Investor Relations website and an audio replay will be archived there.
Blockfusion (to trade via Blue Acquisition Corp, Nasdaq: BACC) will combine with Blue Acquisition to form Blockfusion Data Centers, Inc., reflecting a $450 million pre‑money equity value (implied $480 million enterprise value) and targeting a first‑half 2026 close. The company operates a clean energy‑powered Niagara Facility with 46 MW energized today and plans to expand to >100 MW of Tier 3 capacity supporting 200 kW per rack GPU workloads.
Blue Acquisition holds ~$204 million in trust; the deal aims to deliver ~$200 million to the go‑forward business via trust retention and PIPE. Management projects up to $128M revenue / $75M EBITDA by 2028 and $209M revenue / $132M EBITDA by 2030, excluding capital expenditures and contingent on capital access and customer offtake.
Tradr ETFs (Cboe: COZX) launched the Tradr 2X Long CORZ Daily ETF on Nov 5, 2025, seeking 200% daily exposure to Core Scientific (Nasdaq: CORZ). The fund is listed on Cboe and joins Tradr's AI-infrastructure suite.
Tradr reports a lineup of 49 leveraged ETFs representing over $2.2 billion AUM. The product targets sophisticated investors and short-term traders and emphasizes leverage risks, potential divergence from benchmark over periods longer than the reset, and the possibility of total loss if CORZ moves >50% adverse in one day.
Two Seas Capital (NASDAQ:CORZ) commented on the outcome of Core Scientific's special meeting held on October 30, 2025, where shareholders rejected the company's proposed sale to CoreWeave (NASDAQ:CRWV).
Two Seas, identified as one of Core Scientific's largest shareholders, thanked fellow shareholders for rejecting the transaction and reiterated confidence in Core Scientific's management and strategy. The statement urged focus on growing the power pipeline, securing additional contracts, and building next-generation data centers, and said Two Seas will work constructively with the company to pursue long-term value creation.
Core Scientific (Nasdaq: CORZ) will host an investor conference call and live audio webcast today, October 30, 2025, at 11:30 AM Eastern Time. Management participants include Adam Sullivan (CEO), Matt Brown (COO), Jim Nygaard (CFO) and Jon Charbonneau (VP, Investor Relations).
Investors can access the live webcast via the Investors section of Core Scientific’s website at https://investors.corescientific.com. An audio replay will be archived on the same investor relations page after the event.
Core Scientific (NASDAQ: CORZ) announced that a special meeting of stockholders failed to deliver the votes required to approve the previously announced merger agreement with CoreWeave, and, pursuant to the merger agreement, Core Scientific terminated the merger agreement effective October 30, 2025. The company said it will remain a publicly traded issuer and its common stock will continue to trade on Nasdaq under the ticker CORZ.