Core Scientific, Inc. (CORZ) Q2 2026 Earnings Call Transcript
4 Articles
4 Articles
Core Scientific Restarts Bitcoin Accumulation After Q1 Sell-Off
TLDR Core Scientific increased its Bitcoin holdings from 547 BTC to 848 BTC during the second quarter. The company added 301 Bitcoin after selling part of its treasury earlier this year. Core Scientific ended 2025 with 2,537 BTC before using sales to fund its AI expansion. Second-quarter revenue rose to $164.2 million from $78.6 million a year earlier. Gross profit increased to $70 million from $5 million in Q2 2025. Core Scientific increased i…
Core Scientific Adds More Bitcoin To Balance Sheet In Q2
Nasdaq-listed miner Core Scientific is rebuilding its Bitcoin treasury after seeing its balance sheet shrink at the start of this year. In a regulatory filing Tuesday, the miner said it had a total of 848 Bitcoins — worth over $54 million at today’s prices — after finishing the first quarter of this year with 547 Bitcoins. Core Scientific finished 2025 with 2,537 but started aggressively selling coins to fund its transition to the AI and high-…
Core Scientific Revenue Surges to Double in Q2 on AI Colocation Expansion
Core Scientific has reported a sharp rebound in its second-quarter financial performance as its data-center colocation business—built to support artificial intelligence (AI) and high-performance computing (HPC)—continues to drive results after the miner’s shift away from a Bitcoin-only model. In earnings released Tuesday, the company said Q2 revenue rose to $164.2 million, compared with $78.6 million in the same quarter a year earlier. Colocatio…
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