Core Scientific, Inc. operates facilities for digital asset mining and colocation services in North America. It provides blockchain infrastructure, software solutions, and services. The company mines digital assets for its own account and provides hosting colocation services for other large-scale miners. It operates in two segments, Equipment Sales and Hosting. The company owns and operates computer equipment that is used to process transactions conducted on one or more blockchain networks in exchange for transaction processing fees rewarded in digital currency assets, commonly referred to as mining; and datacenter facilities to provide colocation and hosting services for distributed ledger technology, also commonly known as blockchain. It also develops blockchain-based platforms and applications, including infrastructure management, security technologies, mining optimization, and recordkeeping. The company is headquartered in Austin, Texas. On December 21, 2022, Core Scientific, Inc. filed a voluntary petition for reorganization under Chapter 11 in the U.S. Bankruptcy Court for the Southern District of Texas.

Core Scientific, Inc.

A Leader in Bitcoin Mining and Infrastructure for High-Value Compute. (Nasdaq: CORZ, CORZW, CORZZ)

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Core Scientific

Brady Dale's recent article in Axios highlights Core Scientific's strategic positioning for growth, the #Bitcoin halving, and more. Check out the full article here: https://lnkd.in/g2R33_Be

Core Scientific CEO Adam Sullivan will be on a panel this morning at Anthony Pompliano's Bitcoin Investor Day! He will be speaking alongside Mark Yusko and David Alderman. If you are unable to attend the event, the panel will be recorded and published publicly!

“In some of our locations, we’ve paid for the upgrading of transmission lines to our facility. In one case, it ended up lowering the power cost for the local community.”

Core Scientific CEO Adam Sullivan on the positive impact that #Bitcoin Miners have on surrounding communities. Check out Adam's full interview with Anthony Power and Bryce McNallie here: https://lnkd.in/gWAtYtJG

Reflexivity Research is hosting the inaugural Bitcoin Investor Day tomorrow in New York City, aimed at bridging the power of traditional finance with the innovation of #Bitcoin.

As official sponsors of the one-day event, we’re excited to meet with the hundreds of institutional investors, capital allocators, and entrepreneurs already registered.

If you’re in New York make your way down to connect with the Copper Team.

All-star speaker lineup includes senior figures from ARK Investment Management LLC, Bitwise Asset Management, BlackRock, Core Scientific, Franklin Templeton, Valour and more: https://bit.ly/3wYn777

Contact events@copper.co if you’re interested in tickets to the event.

#digitalassets #bitcoininvestorday Adam VandenBoogaard Ilya Khazen Max Bratka

How does Core Scientific consistently deliver industry-leading monthly #BTC production?

- Internally developed fleet management software, energy management software, and firmware
- Experience deploying over 700,000 #Bitcoin miners in our 7 years of operations
- Experience building, owning, and operating 724 MW of infrastructure
- Elite operations team

Core Scientific CEO Adam Sullivan with Anthony Power and Bryce McNallie on #PowerMiningAnalysis Podcast. Check out the full interview here: https://lnkd.in/gA6utWY5

	Dec '21	Dec '22	Dec '23
net income	47.31M -	-2.15B 4,636.52%	-246.49M 88.52%
depreciation and amortization	33.36M -	226.09M 577.70%	96.44M 57.34%
deferred income tax	9.53M -	-18.52M 294.38%
stock based compensation	38.94M -	182.89M 369.72%	58.89M 67.80%
change in working capital	-49.52M -	478.66M 1,066.68%	551.03M 15.12%
accounts receivables	-7.41M -	-7.58M 2.35%	-744K 90.18%
inventory
accounts payables	-21.99M -	26.71M 221.47%	118.60M 343.96%
other working capital	-20.12M -	459.53M 2,383.93%	433.18M 5.73%
other non cash items	-1.30M -	2.10B 161,385.55%	-260.84M 112.43%
net cash provided by operating activities	-56.73M -	205.19M 461.66%	65.11M 68.27%
investments in property plant and equipment	-59.27M -	-383.98M 547.79%	-16.16M 95.79%
acquisitions net	-365.21M -
purchases of investments	-59.27M -
sales maturities of investments		10.85M -
other investing activites	645K -	-206.80M 32,161.71%	13.16M 106.37%
net cash used for investing activites	-423.84M -	-590.78M 39.39%	-3.00M 99.49%
debt repayment	-49.28M -	-113.29M 129.89%	-40.99M 63.82%
common stock issued	671.26M -	481.41M 28.28%
common stock repurchased		-31.65M -
dividends paid
other financing activites	-18.45M -	-30.32M 64.33%	-3.66M 87.93%
net cash used provided by financing activities	603.53M -	306.15M 49.27%	-44.65M 114.58%
effect of forex changes on cash
net change in cash	122.96M -	-79.44M 164.61%	17.47M 121.99%
cash at beginning of period	8.72M -	131.68M 1,409.90%	52.24M 60.33%
cash at end of period	131.68M -	52.24M 60.33%	69.71M 33.44%
operating cash flow	-56.73M -	205.19M 461.66%	65.11M 68.27%
capital expenditure	-59.27M -	-383.98M 547.79%	-16.16M 95.79%
free cash flow	-116.01M -	-178.79M 54.12%	48.95M 127.38%

NASDAQ:CORZW

Core Scientific

Last Close

12.89

25/09 14:39

Market Cap

1.74B

Beta: -

Volume Today

3.16M

Avg: -

PE Ratio

−64.05

PFCF: 83.81

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