Core Scientific dumps bitcoin for AI data centers
Core Scientific sold $208 million in bitcoin in Q1 2026 to fund its shift to AI data center operations, as…
Tag: Scientific
Core Scientific Buys Polaris Bitcoin Mine for $421M Oklahoma AI Power Expansion
This article first appeared in The Energy Mag. The original article can be viewed here. The Energy Mag (formerly The…
Core Scientific shares slip as Q1 loss offsets revenue growth
Core Scientific reported $115.2 million in first-quarter revenue, up from $79.5 million a year earlier. Summary Core Scientific revenue rose…
Core Scientific jumps 7% in morning markets as data center firm announces 440 MW expansion at Oklahoma site
Core Scientific (NASDAQ: CORZ) said Wednesday it plans to expand its Muskogee, Oklahoma campus to 1.5 gigawatts of gross power,…
Core Scientific Plans $3.3 Billion Debt Raise to Accelerate AI Pivot
Key Takeaways: Core Scientific plans $3.3 billion debt raise for 2031 notes, pivoting from bitcoin mining. JPMorgan-backed $1 billion credit…
Core Scientific seeks $3.3 billion bond sale to further AI data center pivot
Core Scientific (CORZ) is preparing to raise $3.3 billion through a junk bond sale as it continues its transition toward…
UP govt trains 500 forensic experts to strengthen scientific crime investigation
Lucknow, Under the directives of Chief Minister Yogi Adityanath, large-scale training of crime scene experts is underway at the Uttar…
Core Scientific secures up to $1b financing from Morgan Stanley
Core Scientific has lined up a $500m loan from Morgan Stanley, with an option to double it. Summary Core Scientific…
Core Scientific to Sell 2,500 Bitcoin as Company Pivots Toward AI
Core Scientific expects to sell most of its 2,500 BTC holdings in Q1 2026 to strengthen liquidity and fund AI-focused…
Core Scientific turns lower after Q4 results disappoint
Core Scientific (CORZ), a bitcoin mining and digital infrastructure company, reported fourth-quarter revenue of $79.8 million for the period ended…