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Core Scientific Stock Price, News & Analysis

CORZ NASDAQ

Company Description

Core Scientific Inc. (NASDAQ: CORZ) is a leading provider of blockchain infrastructure and high-performance computing (HPC) solutions, strategically positioned at the intersection of digital asset mining and advanced computational technologies. Headquartered in North America, the company is a pivotal player in the rapidly evolving blockchain and cryptocurrency ecosystem, offering a robust suite of services that cater to the growing demand for decentralized digital infrastructure.

Core Business Segments

Core Scientific operates through three primary business segments, each contributing to its diversified revenue streams:

  • Digital Asset Self-Mining: The company engages in mining digital assets, such as cryptocurrencies, for its own account. This segment represents the majority of its revenue, leveraging Core Scientific's significant computational power and operational expertise to generate digital assets efficiently.
  • Digital Asset Hosted Mining: Core Scientific provides hosting services for third-party clients, offering access to its state-of-the-art facilities and technical support. This enables customers to mine digital assets without investing in their own infrastructure, making the company a trusted partner for enterprises seeking scalable mining solutions.
  • HPC Hosting: The company also offers hosting services for GPU-based high-performance computing applications, catering to industries that require advanced computational capabilities, such as artificial intelligence, machine learning, and big data analytics.

Blockchain Infrastructure and Technology

At the core of Core Scientific's operations is its commitment to designing, building, and operating digital infrastructure that supports high-performance computing. The company’s facilities are optimized for energy efficiency and scalability, ensuring reliable and cost-effective operations. By integrating advanced software solutions and proprietary technologies, Core Scientific enhances the performance and reliability of its mining and hosting services.

Market Position and Competitive Landscape

Core Scientific is uniquely positioned in the blockchain infrastructure industry due to its scale, operational efficiency, and focus on innovation. As one of the largest operators of digital asset mining facilities in North America, the company benefits from economies of scale and a deep understanding of the complexities of blockchain technology. Its ability to balance self-mining with hosting services allows it to diversify revenue streams and mitigate risks associated with market volatility in digital assets.

In a competitive landscape that includes both specialized mining companies and broader technology firms, Core Scientific differentiates itself through its vertically integrated approach and commitment to sustainability. By leveraging renewable energy sources and optimizing energy consumption, the company addresses growing regulatory and environmental concerns, positioning itself as a responsible leader in the industry.

Industry Context and Growth Potential

The blockchain and cryptocurrency industries are experiencing rapid growth, driven by increasing adoption of decentralized technologies and digital assets. Core Scientific is well-positioned to capitalize on these trends, offering the infrastructure and expertise needed to support the expanding ecosystem. Its focus on high-performance computing also aligns with the broader demand for advanced computational capabilities across various sectors.

Conclusion

Core Scientific Inc. is a cornerstone of the blockchain infrastructure industry, combining technical expertise, operational excellence, and a forward-looking approach to drive innovation and growth. Its diversified business model, commitment to sustainability, and strategic positioning make it a key player in the digital asset and high-performance computing markets. As the demand for blockchain solutions and computational power continues to rise, Core Scientific is poised to play a critical role in shaping the future of these transformative industries.

Stock Performance

$7.58
+0.66%
+0.05
Last updated: April 25, 2025 at 04:30
120.18 %
Performance 1 year
$1.9B
Market Cap
294.9M
Shares outstanding

SEC Filings

No SEC filings available for Core Scientific.

Financial Highlights

$510,672,000
Revenue (TTM)
-$1,315,005,000
Net Income (TTM)
-$4.39
Diluted EPS (TTM)
$42,896,000
Operating Cash Flow
-257.50%
Net Profit Margin
-3.76%
Oper. Profit Margin

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Frequently Asked Questions

What is the current stock price of Core Scientific (CORZ)?

The current stock price of Core Scientific (CORZ) is $7.53 as of April 24, 2025.

What is the market cap of Core Scientific (CORZ)?

The market cap of Core Scientific (CORZ) is approximately 1.9B.

What is the revenue (TTM) of Core Scientific (CORZ) stock?

The trailing twelve months (TTM) revenue of Core Scientific (CORZ) is $510,672,000.

What is the net income of Core Scientific (CORZ)?

The trailing twelve months (TTM) net income of Core Scientific (CORZ) is -$1,315,005,000.

What is the earnings per share (EPS) of Core Scientific (CORZ)?

The diluted earnings per share (EPS) of Core Scientific (CORZ) is -$4.39 on a trailing twelve months (TTM) basis.

What is the operating cash flow of Core Scientific (CORZ)?

The operating cash flow of Core Scientific (CORZ) is $42,896,000.

What is the profit margin of Core Scientific (CORZ)?

The net profit margin of Core Scientific (CORZ) is -257.50%.

What is the operating margin of Core Scientific (CORZ)?

The operating profit margin of Core Scientific (CORZ) is -3.76%.

What is the gross margin of Core Scientific (CORZ)?

The gross profit margin of Core Scientific (CORZ) is 23.71%.

What is the current ratio of Core Scientific (CORZ)?

The current ratio of Core Scientific (CORZ) is 6.72, indicating the company's ability to pay short-term obligations.

What is the gross profit of Core Scientific (CORZ)?

The gross profit of Core Scientific (CORZ) is $121,070,000 on a trailing twelve months (TTM) basis.

What is the operating income of Core Scientific (CORZ)?

The operating income of Core Scientific (CORZ) is -$19,196,000.

What does Core Scientific Inc. do?

Core Scientific Inc. provides blockchain infrastructure, digital asset mining, and high-performance computing (HPC) hosting services in North America.

How does Core Scientific generate revenue?

The company generates revenue through three segments: self-mining of digital assets, hosting services for third-party miners, and GPU-based HPC hosting operations.

What is Core Scientific's competitive advantage?

Core Scientific's competitive advantages include its scale, operational efficiency, vertically integrated approach, and focus on sustainability in blockchain infrastructure.

What industries does Core Scientific serve?

Core Scientific serves the blockchain and cryptocurrency industries, as well as sectors requiring high-performance computing, such as artificial intelligence and big data analytics.

How does Core Scientific address environmental concerns?

Core Scientific addresses environmental concerns by optimizing energy consumption and integrating renewable energy sources into its operations.

What is Digital Asset Self-Mining?

Digital Asset Self-Mining involves Core Scientific mining cryptocurrencies for its own account, leveraging its computational power and infrastructure.

What is HPC Hosting?

HPC Hosting refers to Core Scientific's hosting services for GPU-based high-performance computing applications, catering to industries like AI and machine learning.

Where is Core Scientific located?

Core Scientific operates facilities across North America, strategically positioned to support its blockchain infrastructure and hosting services.

How does Core Scientific support third-party miners?

Core Scientific provides colocation and hosting services, offering third-party miners access to its facilities, technical expertise, and operational support.

What makes Core Scientific significant in the blockchain industry?

Core Scientific's scale, innovation, and focus on sustainability make it a significant player in providing the infrastructure needed for blockchain and cryptocurrency operations.