Core Scientific, Inc.
Capital Structure
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in mil. unless spec.Company Description
- CEO
- Adam Sullivan
- Full Time Employees
- 325
- Sector
- Technology services
- Industry
- Packaged software
- Address
- 838 Walker Road Dover DE United States 19904
- IPO Date
- Apr 5, 2021
- CIK
- 0001839341
- Website
- corescientific.com
- Similar Companies
- Business
- Core Scientific, Inc. (CORZ) operates as a leading provider of digital infrastructure, specializing in high-density colocation services, bitcoin mining, and high-performance computing (HPC) hosting; it deploys purpose-built data centers equipped for digital asset self-mining with its own fleet of approximately 156,000 bitcoin miners generating up to 18.1 EH/s hash rate, hosted mining for third-party customers supporting around 7,000 miners, GPU-based HPC infrastructure for AI and machine learning workloads including model training and inference, and related software solutions for blockchain and AI applications. The company maintains facilities across Georgia (2), Texas (3), Alabama (1), Kentucky (1), North Carolina (1), North Dakota (1), and Oklahoma (1), targeting digital asset investors, institutional miners, blockchain developers, AI enterprises, government, healthcare, media, oil & gas, and retail sectors. Founded in 2017 and headquartered in Dover, Delaware, Core Scientific has pivoted significantly from cryptocurrency mining dominance toward AI infrastructure, converting facilities for next-generation high-density colocation amid rising AI demand. In July 2025, CoreWeave announced a $9 billion all-stock acquisition of Core Scientific to expand AI data center capacity, internalize operations, and deliver 590 megawatts by early 2026 under their longstanding partnership projected at $10 billion in commitments; this follows the company's January 2024 bankruptcy emergence and recent operational enhancements like appointing a new Vice President of Investor Relations.
Company News
Core Scientific Is Quitting Bitcoin Mining as It Now Makes About 92% of Its Revenue Renting to AI Customers
Core Scientific, Inc. (CORZ) Q3 2026 Earnings Call Transcript
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