Core Scientific, Inc. Common Stock (CORZ)
Core Scientific, Inc. is a technology company specializing in blockchain infrastructure and cryptocurrency mining. It provides data center hosting, blockchain hosting, and digital asset mining services, leveraging advanced hardware and energy-efficient technologies to support blockchain networks and digital currency operations.
Company News
CleanSpark, a Bitcoin mining company, announced its expansion into AI data centers, hiring an experienced executive and targeting Georgia for potential facility conversions. The stock jumped 11% on the news, with a 137% year-to-date gain.
The cryptocurrency market reached $4.11 trillion in August 2025, with corporate America increasingly adopting digital assets as treasury reserves. Companies are strategically investing in cryptocurrencies like Bitcoin and Ethereum, signaling institutional validation of digital assets.
CoreWeave, a tech company offering access to Nvidia's AI chips, has seen significant growth and stock volatility. Despite recent challenges like quarterly losses and an acquisition, the company shows potential in the AI infrastructure market.
Law firm Halper Sadeh LLC is investigating potential securities law violations and fiduciary duty breaches for several companies undergoing mergers or acquisitions.
CleanSpark, a renewable energy-focused Bitcoin miner, is scheduled to report its third-quarter fiscal 2024 results on Aug 8. The company's use of renewable energy and aggressive expansion strategy have been the major growth drivers, and its low-cost operational base makes it immune to the impact of Bitcoin halving. However, the stock's valuation ...