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 '19	Dec '20	Dec '21	Dec '22	Dec '23
revenue	59.52M -	60.32M 1.34%	544.48M 802.66%	640.31M 17.60%	502.40M 21.54%
cost of revenue	49.00M -	50.93M 3.94%	305.62M 500.10%	631.91M 106.76%	427.16M 32.40%
gross profit	10.53M -	9.39M 10.78%	238.86M 2,443.25%	8.40M 96.48%	75.24M 795.67%
selling and marketing expenses	2.83M -	1.77M 37.49%	4.06M 129.36%	12.73M 213.42%	7.02M 44.87%
general and administrative expenses	13.78M -	14.55M 5.66%	60.49M 315.60%	213.28M 252.61%	93.91M 55.97%
selling general and administrative expenses	16.61M -	10.40K 99.94%	64.55M 620,553.85%	226.01M 250.14%	52.70M 76.68%
research and development expenses	5.48M -	5.27M 3.81%	7.67M 45.59%	26.96M 251.34%	7.18M 73.36%
other expenses		-110K -	-16.05M 14,490%	-192.09M 1,096.87%	2.53M 101.32%
cost and expenses	71.21M -	10.40K 99.99%	377.84M 3,633,005.77%	884.89M 134.19%	487.05M 44.96%
operating expenses	22.21M -	10.40K 99.95%	72.22M 694,342.31%	252.97M 250.27%	59.89M 76.33%
interest expense		4.44M -	44.35M 899.86%	96.83M 118.30%	86.24M 10.94%
ebitda	-4.64M -	-10.40K 99.78%	200.00M 1,923,196.15%	-18.48M 109.24%	111.79M 704.94%
operating income	-10.76M -	-10.40K 99.90%	166.64M 1,602,407.69%	-244.57M 246.77%	15.35M 106.28%
depreciation and amortization	6.12M -	9.40M 53.69%	33.36M 254.80%	226.09M 577.70%	96.44M 57.34%
total other income expenses net	-1.17M -	4.43M 479.95%	-103.56M 2,435.70%	-1.92B 1,752.78%	-261.15M 86.39%
income before tax	-11.92M -	-10.40K 99.91%	63.08M 606,590.38%	-2.16B 3,529.90%	-245.80M 88.64%
income tax expense		-4.97M -	15.76M 417.23%	-17.09M 208.42%	683K 104.00%
net income	-11.92M -	-10.40K 99.91%	47.31M 455,023.08%	-2.15B 4,636.52%	-246.49M 88.52%
weighted average shs out	98.68M -	43.13M 56.30%	207.26M 380.61%	340.65M 64.35%	379.86M 11.51%
weighted average shs out dil	98.68M -	43.13M 56.30%	233.31M 441.00%	340.65M 46.01%	379.86M 11.51%
eps	-0.12 -	-0.00 99.83%	0.23 115,100%	-6.30 2,839.13%	-0.65 89.68%
epsdiluted	-0.12 -	-0.00 99.83%	0.20 100,100%	-6.30 3,250%	-0.65 89.68%

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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