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Core Scientific posts $233m in third-quarter revenue as AI pivot grows

NewsFeeds update

Bitcoin miner Core Scientific reported third-quarter revenue of $233m, up 41.8% from $164m in the prior quarter, as its shift into AI and high-performance computing data centre leasing gained traction. The company said high-density colocation drove the increase.

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The story so far: Core Scientific AI pivot

Bitcoin miner Core Scientific reported third-quarter revenue of $233m, up 41.8% from $164m in the prior quarter, as its shift into AI and high-performance computing data centre leasing gained traction. It now plans to end proprietary Bitcoin mining by 31 December 2026 and become a pure-play high-density hosting…

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  1. Core Scientific posts $233m in third-quarter revenue as AI pivot grows

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