⚡ Core Scientific (CORZ)

Market Cap: ~$5.8 B | Price: ~$19

Core Scientific is a leading Bitcoin miner and data-center operator pivoting toward AI infrastructure. They run ~171 K miners across U.S. facilities (~20 EH/s) and host third-party clients while converting parts of their network for high-density GPU workloads.

2024 Revenue: $510 M (+1.6 % YoY)
Net Loss: ≈ $1.1 B
Revenue 2023: $502 M
Despite modest growth, huge losses persist.

Catalysts:

Expanding into AI compute hosting (partnerships with CoreWeave).

Rising BTC prices = higher mining margins.

Possible CoreWeave acquisition talks could boost valuation.

Risks:

Profitability still negative.

High power & regulatory exposure.

Execution risk in shifting from crypto-mining to AI hosting.

Summary:
CORZ sits at the intersection of crypto + AI. Massive potential, but still speculative—suited for high-risk investors watching both Bitcoin and AI-infrastructure trends.

@Market Alerts #NFA