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Core Scientific
Core Scientific Shares Drop 15% as Microsoft Cuts CoreWeave Commitments
AI cloud provider faces setback as major client pulls back.
AI Firm CoreWeave Files for IPO, Citing $1.9B in Revenue
The company is expected to raise $4 billion at a $35 billion valuation.
Core Scientific Appoints Former Investment Banker as New CFO
Finance veteran to succeed Denise Sterling as CFO, shares are up 2% in pre-market trading.
Core Scientific Stock Surges After $1.2B Expansion of Data Center With CoreWeave
The expansion will significantly increase Core Scientific’s AI and cloud computing capacity and increase total projected revenue to $10.2 billion over 12-year contract terms.
AI Is Here, but That Doesn’t Mean Bitcoin Miners Are Finished: Blockspace
Public bitcoin miners are rushing to build AI business lines, but there’s still room for their original mandate, says this investment bank analyst.
Bitcoin Miners Bitdeer, CleanSpark, Core Scientific Initiated at Outperform by KBW
The three companies offer varying degrees of exposure to the world's largest cryptocurrency, the report said.
How MicroStrategy and Others Are Taking on Billions in Debt to Buy More Bitcoin
Michael Saylor has raised $6 billion in convertible bonds, with $18 billion more to come. His strategy is unprecedented — here’s how it works.
Adam Sullivan: The Man Who Made Mining Sexy Again
Core Scientific’s CEO pioneered the highly lucrative move by bitcoin miners into AI computation work.
Bitcoin Miners Are Pivoting to AI to Survive. Core Scientific Entered the Race Years Ago
AI clusters and bitcoin mining operations have vastly different needs. Core Scientific's chief development officer gets down to the nitty gritty.
Harris Admin to 'Encourage' AI and Digital Assets; Core Scientific Gets Buy Rating From Canaccord
"CoinDesk Daily" host Christine Lee breaks down the biggest headlines in the crypto industry today, as Kamala Harris showed love to digital assets in her first remarks to donors in NYC. Plus, U.S. SEC approved the list of physically settled options tied to BlackRock's spot Bitcoin ETF, and Canaccord initiated coverage of Core Scientific with a buy rating.
