Core Scientific is a U.S. digital infrastructure company known for bitcoin mining, data centers, hosting services, and high-performance computing expansion.
Bitcoin miner Core Scientific reported a $347 million net loss in Q1 2026, driven by non-cash impairments, even as revenue climbed on the back of its surging colocation business.
Bitcoin miner Core Scientific is repurposing its mining capacity for a 1.5 gigawatt AI data center campus in Texas, backed by a multibillion-dollar funding round.
Core Scientific reported fourth-quarter revenue below analyst expectations, as lower Bitcoin prices and rising costs weighed on mining performance.