Core Scientific, Inc.

CORZ

US21874A1060

Blockchain & Cryptocurrency

Market Closed - Nasdaq Other stock markets 04:00:00 2024-05-10 pm EDT			5-day change	1st Jan Change
3.64 ^USD	-6.67%		+8.66%	0.00%

May. 08	Earnings Flash (CORZ) CORE SCIENTIFIC Posts Q1 Revenue $179.3M	MT
May. 08	Core Scientific, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2024	CI

Core Scientific Shares Jump on January Production Figures

February 05, 2024 at 10:39 am EST

By Dean Seal

Shares of Core Scientific rose after the company released monthly production numbers for the first time since relisting shares in January.

The stock was up 11% at $3.30 in early trading, close to where they started trading last month.

The bitcoin miner said Monday morning that it self-mined 1,027 bitcoin in January and pulled in about 354 bitcoin from hosted miners.

Core Scientific said it improved its self-mining fleet's energy efficiency by 5% during the month.

Write to Dean Seal at dean.seal@wsj.com

(END) Dow Jones Newswires

02-05-24 1038ET

Stocks mentioned in the article

Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	Price	Change	5d. change	Capi.
BITCOIN (BTC/USD)	60,923 USD	+0.21%	-3.37%	-
BITCOIN (BTC/EUR)	56,605 EUR	+0.17%	-3.38%	-
CORE SCIENTIFIC, INC.	3.64 USD	-6.67%	+8.66%	647M

Latest news about Core Scientific, Inc.

Earnings Flash (CORZ) CORE SCIENTIFIC Posts Q1 Revenue $179.3M	May. 08	MT
Core Scientific, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2024	May. 08	CI
Transcript : Core Scientific, Inc., Q1 2024 Earnings Call, May 08, 2024	May. 08
Core Scientific Bitcoin Production, Sales Fell in April	May. 06	MT
Core Scientific, Inc. Announces Production Results for April 2024	May. 06	CI
Core Scientific Begins Expansion of Bitcoin Mining Data Center in Denton, Texas	Apr. 16	MT
Core Scientific, Inc. to Expand Its Denton, Texas Bitcoin Mining Data Center by 72 Megawatts	Apr. 16	CI
Core Scientific Files Registration Statement for Share Sale by Certain Stockholders	Apr. 15	MT
Core Scientific Reports Higher Bitcoin Sales in March	Apr. 05	MT
Core Scientific, Inc. Announces Production Results for the Month and Quarter Ended March 2024	Apr. 05	CI
Core Scientific Q4 Loss Narrows, Sales Jump	Mar. 12	MT
Transcript : Core Scientific, Inc., 2023 Earnings Call, Mar 12, 2024	Mar. 12
Earnings Flash (CORZ) CORE SCIENTIFIC Posts Q4 Revenue $141.9M, vs. Street Est of $136.4M	Mar. 12	MT
Core Scientific, Inc. Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2023	Mar. 12	CI
Stocks Rebound Pre-Bell Ahead of Key Inflation Report; Asia Mostly Up, Europe Gains	Mar. 12	MT
Core Scientific to Provide CoreWeave up to 16 MW of Data Center Infrastructure to Support AI and HPC Workloads in Long Term Hosting Contract	Mar. 06	CI
Core Scientific Logs Lower Bitcoin Sales in February	Mar. 05	MT
Core Scientific, Inc. Announces Production and Operations Updates for February 2024	Mar. 05	CI
Core Scientific Posts Lower Bitcoin Production in January; Shares Rise	Feb. 05	MT
Core Scientific Shares Jump on January Production Figures	Feb. 05	DJ
North American Morning Briefing : Stock Futures -2-	Feb. 01	DJ
Core Scientific, Inc. Emerged from Bankruptcy	Jan. 23	CI

Core Scientific, Inc. is a bitcoin miner and hosting solutions provider for bitcoin mining in North America. The Company employs its own fleet of computers (miners) to earn bitcoin for its own account and provide hosting services for bitcoin mining customers at its seven operational data centers in Georgia (two), Kentucky (one), North Carolina (one), North Dakota (one) and Texas (two). The Company's segments include Mining and Hosting. The Mining segment consists of bitcoin mining for its own account. The Hosting segment consists of its third-party hosting business. Its hosting business provides a full suite of services to digital asset mining customers. As part of these hosting services, the Company provides deployment, monitoring, troubleshooting, optimization and maintenance of its customers digital asset mining equipment and provides necessary electrical power and repair and other infrastructure services necessary to operate, maintain and efficiently earn digital assets.

Sector

Blockchain & Cryptocurrency

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