Core Scientific (CORZ) : 6-month performance

Core Scientific, which has operations in five U.S. states, mines for bitcoin and other cryptocurrencies.

Sector: Technology

Industry: Software - Infrastructure

Full Time Employees: 325

Founded in 2017 by Darin Feinstein and Mike Levitt

Headquartered in Dover, Delaware

https://corescientific.com

• IPO: 21 July 21 via a merger with a blank-check company Power & Digital Infrastructure Acquisition Corp (XPDI) backed by BlackRock Inc (BLK), in a deal that values the cryptocurrency miner at $4.3 billion.
• 2021: Core was one of the largest publicly traded crypto mining firms in the U.S.
• Filed for bankruptcy in December 2022; relisted January 24, 2024

One month later: Sep 16, 24

Sep 16, 24

Core Scientific’s 104 megawatt Bitcoin mining data center in Marble, North Carolina