Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Core Scientific Inc ( (CORZ) ) has provided an update.
Core Scientific, Inc. disclosed a production and operations update for September 2024, revealing they mined 345 bitcoins and held a total of 5,621 bitcoins year-to-date, with an additional 1,115 bitcoins mined in the third quarter. The update highlighted the company’s strategic shift towards high-performance computing (HPC), including the completion of ASIC miner migration and the initiation of a new 100-megawatt data center project. The report also mentioned the sale of 370 bitcoins, yielding approximately $22.2 million, and a total operational hash rate of 23.4 EH/s from their mining operations. Core Scientific is focusing on expanding infrastructure to drive growth and enhance shareholder value.
Find detailed analytics on CORZ stock on TipRanks’ Stock Analysis page.