Core Scientific
CORZ · NASDAQ · Technology
$18.10
$0.26 (-1.42%) today
Market Cap
$5.82B
24h Volume
$164.7M
P/E Ratio
0.0
52w High
$29.16
52w Low
$13.57
Est. AI Revenue
70%
7-Day Sparkline (Static)
Company facts
Performance
About Core Scientific
Core Scientific is a former bitcoin miner turning its data centers into AI infrastructure. It makes money hosting high-performance computing workloads, with a fast-growing GPU colocation business serving AI customers and a declining legacy mining operation.
Its offerings are GPU colocation and HPC hosting: it provides the powered, cooled data center space that AI operators fill with their own hardware. The company's advantage is its existing portfolio of power-rich sites built originally for mining.
Founded in 2017 and headquartered in Austin, Texas, Core Scientific trades on the NASDAQ, is led by CEO Adam Sullivan, and employs roughly 325 people. Its shareholders rejected a takeover by CoreWeave, and the company remains independent.
Core Scientific in the AI buildout
Core Scientific sits in the Neoclouds and Data Centers & Hardware layers, converting power-rich bitcoin mining sites into GPU colocation for AI customers. Powered data center capacity is one of the scarcest inputs in the buildout, and Core Scientific already owns it, which is why the investment case now rests on filling that capacity with AI tenants. Mining is a declining legacy business. Supercycle scores its exposure as high, reflecting how completely the thesis has shifted to AI hosting.
CORZ is tracked in Neoclouds and Data Centers & Hardware, rated Core on the AI Exposure leaderboard.
By the numbers
52-week range
CORZ trades at $18.10, 29% of the way up its 52-week range of $13.57 to $29.16.
Market cap
Market capitalization is $5.82B, with an AI Exposure Score of 80 out of 100.
Next earnings
Core Scientific is next expected to report earnings on October 23, 2026.
Market data as of the close on . Prices are end of day, not live.
Frequently asked questions
What does Core Scientific do?
Core Scientific operates data centers, hosting GPU colocation and high-performance computing for AI customers while winding down its legacy bitcoin mining business.
How is Core Scientific exposed to AI?
Heavily. Its investment case rests on converting power-rich mining sites into GPU colocation filled by AI tenants. Supercycle gives it an AI Exposure Score of 80 out of 100.
What happened with CoreWeave's takeover attempt?
Core Scientific shareholders rejected CoreWeave's takeover, and the company remains independent while continuing to grow its GPU colocation business.
Is CORZ a pure play AI stock?
Nearly. AI hosting now drives the thesis, with bitcoin mining a declining legacy segment. Its score of 80 out of 100 places it close to the pure play end of the leaderboard.
Who leads Core Scientific and where is it based?
CEO Adam Sullivan leads Core Scientific from Austin, Texas. The company was founded in 2017, trades on the NASDAQ, and employs roughly 325 people.
Profile written 2026-08, updated as the business changes. Editorial content, not investment advice.
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