Skip to main content
Signal8

Core Scientific, Inc./tx (CORZW)

Core Scientific, Inc. delivers essential infrastructure and services for the burgeoning blockchain and artificial intelligence (AI) sectors throughout the United States. The company is actively involved in the development, ownership, and operation of eco-friendly computing facilities, specifically designed to power both blockchain and AI workloads. In addition to providing these foundational services, Core Scientific also conducts its own digital asset mining operations. It offers hosting and co-location services for external clients engaged in digital asset mining, various blockchain applications, and AI initiatives. Expanding its technological footprint, the firm contributes to the creation of new blockchain networks and provides advanced data science and Machine Learning Operations (MLOps) expertise to tackle diverse AI-related challenges. Core Scientific, Inc. maintains its primary operational base in Austin, Texas.

Sector: Finance Services

Industry: Software - Infrastructure

Core Scientific, Inc. logo

Core Scientific, Inc.

NASDAQ:CORZWSub-class of CORZTechnology
-1.69%$6.38
Mkt Cap$2.05B
Float258.97M
O/S321.34M
Inst Own-
SI0.4%
Dilution
Historical Data
DateOpenHighLowCloseVolume
Key Metrics
Market Cap$2.05B
Enterprise Value--
P/E Ratio--
Est. Net Cash/Share--
Institutional Ownership--

based on 321.34M shares outstanding

SectorTechnology
IndustrySoftware - Infrastructure
ExchangeNASDAQ
CountryUSUS
IPO DateJan 24, 2024
Shares Outstanding321.34M
Float258.97M
Company Overview

Core Scientific, Inc. is a North American enterprise primarily engaged in operating facilities for digital asset mining and providing colocation services for distributed ledger technology.

The company actively mines various digital currencies for its proprietary accounts, leveraging specialized computing hardware within its owned and operated data centers to process transactions on blockchain networks in exchange for digital asset rewards. Concurrently, it extends hosting and colocation capabilities to other significant participants in the digital asset mining sector. Beyond these core operations, Core Scientific provides a suite of blockchain infrastructure and software solutions.

Its development efforts encompass blockchain-based platforms and applications aimed at areas such as infrastructure management, enhanced security, mining optimization, and robust recordkeeping.

Its operational framework is structured into two principal divisions: Equipment Sales and Hosting. The corporate headquarters are situated in Austin, Texas. However, a significant development occurred on December 21, 2022, when Core Scientific, Inc. initiated voluntary reorganization proceedings under Chapter 11 of the U.S. Bankruptcy Code, filing with the U.S. Bankruptcy Court for the Southern District of Texas.

Leadership

Adam Sullivan

Chief Executive Officer, President & Director

James Nygaard Jr.

Executive Vice President & Chief Financial Officer

Todd DuChene

Executive VP, Chief Legal and Administrative Officer & Secretary

Jeff Taylor

Chief Information Security Officer

Employees

325

Country

US

Sector

Technology

Website

corescientific.com

Analyst Coverage
No analyst coverage for this companyNo ratings, price targets, or covering firms on file.
Insider Trading
No insider transactions for this companyForeign private issuers and non-reporting entities don't file Form 4/5.
Shareholders
--
Institutional
(61)
--
Insiderⓘ
(0)
--
5%+ Owners
(0)
--
Unattributed (incl. retail)ⓘ
Sources: 13F
Insiders & Institutional Holders
52-Week Range
$5.67$23.65
$6.38(4th percentile)
Volume
Average Daily Volume93.73K
53.78K today vs 93.73K avg(-43%)

30d Avg

93.73K

60d Avg

94.45K

90d Avg

86.79K

Earnings
Dividend History
No dividend history available
Compliance Status
Loading compliance data...