Core Scientific, Inc. (CORZ) in Austin, Tex., mines digital assets and provides blockchain infrastructure, software solutions, and services. The company operates best-in-class large-scale purpose-built facilities to mine digital assets. In addition, it is one of the largest net carbon neutral blockchain infrastructure hosting providers and digital asset mining companies in North America. CORZ went public through a reverse merger with Power & Digital Infrastructure Acquisition Corp. on January 20. It raised $190 million in net cash proceeds through the transaction.
CORZ CEO and Co-Chairman Mike Levitt said, “Entering the public markets represents a significant milestone in Core Scientific’s evolution, yet we are even more excited about the future opportunities for value creation…As one of the largest publicly traded blockchain infrastructure providers and digital asset miners in North America, we are focused on growing our capacity, defending and securing the blockchain ecosystem and building long-term shareholder value.”
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