Core Scientific turns lower after Q4 results disappoint
By Helene Braun
Published on March 2, 2026.
Core Scientific (CORZ), a bitcoin mining and digital infrastructure company, reported a Q4 revenue of $79.8 million, down from $94.93 million the previous year. The company posted a loss of $0.42 per share, compared to expectations of $122.08 million. This comes as bitcoin miners adjust to the April 2024 halving, which will reduce block rewards in half and lower margins across the industry. Core Scientific is shifting its focus towards hosting and colocation services for high-performance computing clients, including AI workloads.
Read Original Article