Cryptocoins News / Blockchain - 5 days ago
Core Scientific's CEO, Adam Sullivan, is set to present at the 19th Annual Needham Technology, Media, & Consumer Conference. (Read More)
Cryptocoins News / Blockchain - 1 week ago
Core Scientific, a Bitcoin miner firm, saw a 49% increase in Q1 2023 revenue to $179.3 million, with a net income of $210.7 million, despite facing risks from Bitcoin price volatility and debt. (Read More)
Bitcoin News / Bitcoin.com - 1 week ago
Core Scientific announced a significant recovery in its financial performance for the first quarter of 2024, reporting a net income of $210.7 million, a stark contrast to the net loss of $0.4 million from the same period last year, driven by an incre...
Bitcoin News / Bitcoin.com - 1 month ago
With just over three days remaining until the halving, Core Scientific has announced its plans to enhance its Texas mining facility by an additional 72 megawatts. This project is scheduled for completion by the end of the second quarter of 2024. This...
Cryptocoins News / Blockchain - 2 months ago
Core Scientific has announced a significant fiscal recovery for Q4 2023, with a notable increase in self-mined bitcoin and improved financial results. (Read More)
Cryptocoins News / Blockchain - 2 months ago
Core Scientific has signed a multi-year contract to provide CoreWeave with up to 16 MW of data center infrastructure for AI and HPC workloads, with potential revenue exceeding $100 million. (Read More)
Bitcoin News / Google News Bitcoin - 3 months ago
Bitcoin miner Core Scientific to resume trading on Nasdaq after reorganization& & The Block - Crypto News
Bitcoin News / Bitcoin.com - 4 months ago
Core Scientific has received the go-ahead from bankruptcy court for its reorganization, paving the way for the bitcoin mining giant to relist its shares on Nasdaq.
Core Scientific Set for a Major Turnaround
Core Scientific, Inc., a major bitcoin mine...
Cryptocoins News / Blockchain - 4 months ago
Core Scientific's court-approved bankruptcy plan sets the stage for its Nasdaq relisting, debt restructuring, and operational expansion, aiming to bolster revenue and shareholder value. (Read More)
Cryptocoins News / Finance Magnates - 4 months ago
Core Scientific, a Bitcoin miner that took a massive hit with previously falling crypto prices, received approval for Chapter 11 restructuring from a US bankruptcy judge. Following this decision, the company is expected to re-list its shares on Nasda...
Cryptocoins News / Blockchain - 4 months ago
Core Scientific is set to emerge from bankruptcy in January 2024, with plans to distribute convertible notes and stock, and relist on NASDAQ, marking a significant turnaround for the Bitcoin miner. (Read More)