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Core Scientific CORZ · USD

Information Technology · US listing · 🇺🇸 United States

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12.72

+8.16%

Close of 9 Nov 2026, in USD

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About Core Scientific

From its filings with the US Securities and Exchange Commission

SEC filings

Core Scientific is based in Dover, Delaware and is incorporated in Delaware. Its shares trade on Nasdaq under the ticker CORZ. The SEC classifies its business as finance services. In the fiscal year to 31 December 2025, it reported revenue of $319.0m and a net loss of $288.6m. At that date it held total assets of $2.35bn and shareholders' equity of −$962.7m.

Read the filing on SEC.gov ↗

Company facts

Sector
Information Technology
Industry
IT Services
Listed since
5 Apr 2021
Employees
325
Head office
838 WALKER ROAD, DOVER, DE, 19904
Incorporated in
DE
Classification
Finance Services
Filer status
Large accelerated filer

Leadership

Pay as last reported

  • Mr. Jordan LevyIndependent Chairman of the Board$954,651
  • Mr. Adam SullivanPresident, Chief Executive Officer, Director, since 2023$41.9m
  • Mr. James NygaardChief Financial Officer, Executive Vice President
  • Mr. Todd DucheneExecutive Vice President, Chief Legal and Administrative Officer, Secretary$15.4m
  • Mr. Jeffrey BoothIndependent Director$944,651
  • Ms. Elizabeth CrainIndependent Director
  • Mr. Jarrod PattenIndependent Director$994,651
  • Mr. Yadin RozovIndependent Director$969,651
  • Mr. Eric WeissIndependent Director$944,651

Environmental, social and governance

Scores out of 100, from our data supplier

ESG
Overall
0
Environment
0
Social
0
Governance
0

SWOT analysis

AI-generated by our data supplier. Not written or checked by our editors.

AI-generated

Strengths

  • Core Scientific operates 8 data centers across Georgia, Kentucky, North Carolina, North Dakota, and Texas.
  • The company has 592 MW of power capacity for digital asset mining and blockchain infrastructure.
  • Core Scientific provides both equipment sales and mining services through two distinct business segments.

Weaknesses

  • Core Scientific employs 235 full-time employees, which is lower than industry standards for similar firms.
  • The company's mining operations are concentrated in specific U.S. states like Georgia and Texas.
  • The firm's IPO in 2021 has not yet demonstrated significant long-term market growth.

Opportunities

  • The growing demand for blockchain infrastructure presents opportunities for Core Scientific to expand its services.
  • Core Scientific can leverage its 592 MW power capacity to attract more digital asset mining clients.
  • The company's two business segments offer potential for cross-selling equipment and hosting solutions.

Threats

  • The U.S. regulatory environment for digital asset mining remains uncertain and evolving.
  • Competition from other blockchain infrastructure providers could impact Core Scientific's market share.
  • Fluctuations in Bitcoin prices may affect the profitability of Core Scientific's mining operations.

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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