Core Scientific, Inc.
CORZW
NASDAQ Global Select22.15
USD
-0.04
- -
CIK
0001839341
ISIN
US21874A1144
CUSIP
21873J116
Return %
Stock
S&P500
1Y
262.52
26.53
3Y
1,745.83
76.60
5Y
1,745.83
80.11
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Adam Sullivan
- Full Time Employees
- 325
- Sector
- Technology
- Industry
- Software - Infrastructure
- Address
- 106 E 6th Street Austin TX United States of America 78701
- IPO Date
- Jan 24, 2024
- CIK
- 0001839341
- Website
- corescientific.com
- Similar Companies
- Business
- Core Scientific, Inc. (NASDAQ: CORZ; CORZW) operates as a leading provider of digital infrastructure, specializing in high-density colocation services, digital asset mining, and blockchain-related solutions; it deploys its own large fleet of miners for self-mining bitcoin and other digital assets, offers hosting services including deployment, monitoring, troubleshooting, optimization, and maintenance of customer mining equipment, provides electrical power, repair, and infrastructure support, and sells mining equipment to third parties; the company also delivers software solutions such as Minder for monitoring and Plexus for AI workload orchestration in private, hybrid, and multi-cloud environments, while transitioning facilities to support artificial intelligence and high-performance computing (HPC) workloads like model training, inference, seismic analysis, and media rendering. Founded in 2017 and headquartered in Dover, Delaware, with original operations in Bellevue, Washington, and current colocation facilities across Alabama, Georgia, Kentucky, North Carolina, North Dakota, Oklahoma, and Texas totaling over 1,300 MW of contracted power, Core Scientific serves institutional miners, blockchain developers, AI enterprises, government, healthcare, media, oil and gas, and retail sectors primarily in North America. Recent developments include multiple high-performance computing contracts cumulatively worth approximately $6.7 billion for AI hosting, a collaboration with Block to develop a new bitcoin miner, expansions at Denton (72 MW) and Pecos (100 MW) data centers in Texas, and a definitive agreement announced in July 2025 for acquisition by CoreWeave in a $9 billion all-stock transaction valued at $20.40 per share (a 66% premium), expected to close in Q4 2025 subject to regulatory and stockholder approval, enabling vertical integration of data centers, elimination of over $10 billion in future lease overhead, and repurposing of crypto mining capacity for AI/HPC under new colocation services.