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The Latest Breaking News from Core Scientific

Nvidia-backed AI cloud provider increases use of cryptocurrency mining facilities — CoreWeave expands contract as miners pivot to AI

CoreWeave has already expanded a relatively new contract for data center capacity to meet accelerating demand for its AI cloud services.

Tom’s Hardware

Bankruptcy Survivor Core Scientific Self-Mines $175M Worth Of Bitcoin In Q1

Bankruptcy Survivor Core Scientific Self-Mines $175M Worth Of Bitcoin In Q1

Core Scientific mined a significant amount of Bitcoin in the first quarter of the year, even as it just emerged from bankruptcy in January.

International Business Times

Once Bankrupt Core Scientific Mines $1.4B Worth Bitcoin In 2023

Once Bankrupt Core Scientific Mines $1.4B Worth Bitcoin In 2023

Core Scientific has bounced back from its bankruptcy in late 2022 due to the slump in Bitcoin prices to mine Bitcoin worth around $1.4 billion in 2023.

International Business Times

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Core Scientific Granted Court Approval for Restructuring Amid Bankruptcy

Core Scientific, a leading Bitcoin mining company, has received court approval for its restructuring plans as it navigates through a challenging period.

Digital Dynamo Core Scientific Revives from Bankruptcy, Eyes January Triumph

Prepare for a crypto comeback! Core Scientific, the resilient mining entity, plans to bounce back from bankruptcy and make a flourishing return in January.

The crypto crash has been bad—and even worse for Bitcoin miners

Greed and bad decisions have left the once-booming Bitcoin mining industry reeling.

12 Information Technology Stocks Moving In Friday's Intraday Session

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Benzinga's Top Ratings Upgrades, Downgrades For October 28, 2022

Benzinga's Top Ratings Upgrades, Downgrades For October 28, 2022

Is Core Scientific Done? Bitcoin Miner Needs Cash, Warns Of Bankruptcy As Stock Plummets

Is Core Scientific Done? Bitcoin Miner Needs Cash, Warns Of Bankruptcy As Stock Plummets

Core Scientific (NASDAQ: CORZ) stock nose-dived by nearly 77% after it warned shareholders of a potential bankruptcy if it failed to improve its financial condition.

Stocks That Hit 52-Week Lows On Thursday

Stocks That Hit 52-Week Lows On Thursday

On Thursday, 111 stocks hit new 52-week lows.

Bitcoin miner's stock slides on bankruptcy fears

Bitcoin miner's stock slides on bankruptcy fears

Core Scientific listed on the Nasdaq on Jan. 20.

Benzinga's Top Ratings Upgrades, Downgrades For October 4, 2022

Benzinga's Top Ratings Upgrades, Downgrades For October 4, 2022

Benzinga's Top Ratings Upgrades, Downgrades For September 27, 2022

Benzinga's Top Ratings Upgrades, Downgrades For September 27, 2022

12 Information Technology Stocks Moving In Friday's Intraday Session

12 Information Technology Stocks Moving In Friday's Intraday Session

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Down More Than 70% in 2022, is Now a Good Time to Buy Core Scientific?

The shares of digital asset mining company Core Scientific (CORZ) have plummeted more than 70% in price since their listing on January 20 due to bearish investor sentiment and industry headwinds. And because analysts expect the “crypto winter” to continue, the question is will CORZ be able to regain forward…

12 Information Technology Stocks Moving In Friday's After-Market Session

Here's How This Bitcoin Mining Company Fared In FY21

Bitcoin mining company Sphere 3D Corp (NASDAQ:ANY) reported an FY21 revenue decline of 23.3% year-on-year to $3.72 million. The gross margin contracted 80 bps to 45.6%. Operating expenses more than doubled to $21.4 million. EPS loss was $(0.58) versus $(0.98) last year. Sphere 3D held $54.4 million in cash and equivalents. CEO Peter Tassiopoulos…

The Best Bitcoin ETFs to Buy

Bitcoin ETFs eliminate the need for self-custody of the cryptocurrency while providing excellent liquidity. Here are a few we like.

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