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Hash Rate

19.7

EH/s

Efficiency

24.8

J/TH

BTC HODL

0

BTC Production

369

BTC per EH/s

18.7

Utilization

85%

Power (MW)

832

Description

Core Scientific Inc. is a large-scale provider of digital infrastructure, blockchain hosting, and high-performance computing (“HPC”) data center solutions headquartered in Austin, Texas with multi-megawatt facilities across the US. The Company utilizes its advanced power infrastructure to support both enterprise digital asset mining and high-density AI compute applications.

2100 Grand Avenue

Suite 500

Kansas City, MO 64108

United States

425 454 3830

https://corescientific.com

Sector(s): Technology

Industry: Software - Infrastructure

Full Time Employees: 280

ADAM SULLIVAN

President and Chief Executive Officer

Current Chief Executive Officer of Core Scientific, Inc. Mr. Sullivan has more than a decade of experience in financial services, with a focus on investment banking in the digital assets and infrastructure space.

His expertise spans strategy development, corporate finance and M&A. Prior to joining Core as President in 2023, Adam served as a Managing Director and Head of Digital Assets and Infrastructure at XMS Capital Partners. In his role at XMS, Mr. Sullivan established himself as one of the key facilitators for M&A and capital raises in the crypto mining industry, overseeing more than $5 billion of transactions, including Core Scientific’s business combination with Power & Digital Infrastructure Acquisition Corp. (“XPDI”) (NASDAQ: XPDI) in 2021.

He previously served at Indian Wells Capital Management and M&T Bank. Mr. Sullivan received his Bachelor of Arts in Financial Economics from the University of Rochester.


JIM NYGAARD

Chief Financial Officer

Jim Nygaard is the Chief Financial Officer of Core Scientific, leading the company’s financial strategy, capital allocation, and investor relations. With nearly 30 years of investment banking and corporate finance experience, Jim brings deep expertise in M&A, corporate finance, and capital markets to support Core Scientific’s growth and strategic initiatives.

Since 2008, he has served as a Managing Director at XMS Capital Partners, LLC, leading M&A execution activities, strategic financings, and chairing the firm’s Fairness Committee. From 2021 to 2022, Jim served as Chief Financial Officer of Power & Digital Infrastructure Acquisition Corp. (XPDI), which merged with Core Scientific. Prior to XMS Capital, Jim spent 12 years in Morgan Stanley’s Investment Banking Division, advising a diverse group of clients across a variety of industries. His career deal experience includes over $100 billion of strategic transactions and financings.

A summa cum laude graduate of the University of Illinois at Urbana-Champaign with a Bachelor of Arts in Economics, he was valedictorian of his department and received Bronze Tablet Honors, the university’s highest academic distinction.


MATT BROWN

Chief Operating Officer

Matt has over 15 years experience working in operations and engineering management. He has a strong background in infrastructure strategy and management, site engineering and data center operations.

Previously Matt was at Equinix, where he was the Senior Director – Americas IBX Operations. While at Equinix, he was responsible for 200 data centers, 380,000 cabinets and 1,000MW of critical infrastructure. Prior to Equinix, Matt spent 12 years at Hewlett Packard where he was responsible for end-to-end data center infrastructure services. Matt started his career at with the US Army as a Tactical Node Center Switch Supervisor. Matt holds a BS in Organizational Leadership from Texas A&M – Commerce and an AAS in Information Technology from Central Texas College.


LARRY KOM

Chief Technology Officer

Dr. Larry Kom, MPA, PhD is a technology leader with 25 years of experience developing scalable compute infrastructure and optimized workflows through digital oversight. He founded and sold 3 startups in mobile, iGaming, and cryptocurrency. He is a digital forensics researcher, financial system auditor, software system architect, and industrial power and automation engineer. His academic focus is antifraud, internal controls, and vulnerability analysis

Monthly Miner Data

August 27, 2026 , Core Scientific, Inc.

Core Scientific Secures $600 Million of Senior Secured Credit Facilities

August 14, 2026, Core Scientific, Inc.

Core Scientific Completes Acquisition of Polaris DS, Advancing Planned Muskogee Expansion to 1.5 GW of Gross Power

August 10, 2026, Core Scientific, Inc.

Core Scientific Supports Governor Abbott’s Focus on Responsible Data Center Infrastructure in Texas

July 29, 2026, Core Scientific, Inc.

Core Scientific Appoints Mark Adams to Board of Directors

July 28, 2026, Core Scientific, Inc.

Core Scientific Announces Second Quarter 2026 Results

July 28, 2026, Core Scientific, Inc.

Core Scientific and AMD Announce Infrastructure Partnership

May 26, 2026, Core Scientific, Inc.

Core Scientific Appoints Steve Smith to Board of Directors

May 06, 2026, Core Scientific, Inc.

Core Scientific Announces First Quarter Fiscal Year 2026 Results

May 06, 2026, Core Scientific, Inc.

Core Scientific Plans Expansion to 1.5 Gigawatts of Gross Power at Muskogee, Oklahoma Campus

April 27, 2026 , Core Scientific, Inc.

Core Scientific Plans Expansion to 1.5 Gigawatts of Gross Power at Pecos, Texas Campus

April 24, 2026 , Core Scientific, Inc.

Core Scientific, Inc. Schedules First Quarter Fiscal Year 2026 Earnings Release, Conference Call and Webcast

April 22, 2026 , Core Scientific, Inc.

Core Scientific Announces Pricing of $3.3 Billion of Senior Secured Notes

April 21, 2026 , Core Scientific, Inc.

Core Scientific Announces Proposed Offering of $3.3 Billion of Senior Secured Notes

March 23, 2026, Core Scientific, Inc.

Core Scientific Expands Strategic Financing Facility to $1 Billion with Additional $500 Million Commitment from J.P. Morgan

March 10, 2026, Core Scientific, Inc.

Cadillac Formula 1® Team Joins Forces with Core Scientific as Official Data Center Partner

March 05, 2026, Core Scientific, Inc.

Core Scientific Secures Strategic Financing with Morgan Stanley for Up To $1 Billion

March 02, 2026, Core Scientific, Inc.

Core Scientific Announces Fourth Quarter Fiscal Year 2025 Results

February 23, 2026, Core Scientific, Inc.

Core Scientific, Inc. Schedules Fourth Quarter Fiscal Year 2025 Earnings Release, Conference Call and Webcast

October 30, 2025, Core Scientific, Inc.

Core Scientific to Host Investor Conference Call and Webcast Today at 11:30 AM Eastern Time

October 30, 2025, Core Scientific, Inc.

Core Scientific Announces Termination of Merger Agreement with CoreWeave

October 30, 2025, Core Scientific, Inc.

Core Scientific Announces Preliminary Results of Special Meeting of Stockholders

August 24, 2025, Core Scientific, Inc.

Core Scientific Announces Fiscal Third Quarter 2025 Results

August 08, 2025, Core Scientific, Inc.

Core Scientific Announces Fiscal Second Quarter 2025 Results

August 06, 2025, Core Scientific, Inc.

Core Scientific, Inc. Schedules Second Quarter Fiscal Year 2025 Earnings Release Date

May 27, 2025, Core Scientific, Inc.

CoreWeave to Acquire Core Scientific

May 27, 2025, Core Scientific, Inc.

Core Scientific, Inc. to Participate in the TD Cowen 53rd Annual Technology, Media & Telecom Conference

May 16, 2025, Core Scientific, Inc.

Core Scientific Appoints Elizabeth Crain to Board of Directors

May 13, 2025, Core Scientific, Inc.

Core Scientific Announces Departure of Board Member Todd Becker

May 07, 2025, Core Scientific, Inc.

Core Scientific Announces Fiscal First Quarter 2025 Results

April 24, 2025, Core Scientific, Inc.

Core Scientific, Inc. Schedules First Quarter Fiscal Year 2025 Earnings Release, Conference Call and Webcast

April 07, 2025, Core Scientific, Inc.

Core Scientific Announces March 2025 Production and Operations Updates

March 05, 2025, Core Scientific, Inc.

Core Scientific Announces February 2025 Production and Operations Updates

March 03, 2025, Core Scientific, Inc.

Core Scientific Announces Planned CFO Transition

February 26, 2025, Core Scientific, Inc.

Core Scientific and CoreWeave Announce $1.2 Billion Expansion at Denton, TX Site

February 26, 2025, Core Scientific, Inc.

Core Scientific Announces Fiscal Fourth Quarter and Full Fiscal Year 2024 Results

February 21, 2025, Core Scientific, Inc.

Core Scientific, Inc. Schedules Fourth Quarter Fiscal Year 2024 Earnings Release, Conference Call and Webcast

February 19, 2025, Core Scientific, Inc.

Core Scientific Announces Expansion into Auburn, Alabama with New High-Performance Computing Facility

February 05, 2025, Core Scientific, Inc.

Core Scientific Announces January 2025 Production and Operations Updates

January 09, 2025, Core Scientific, Inc.

Core Scientific Announces Strategic Marketing Hire to Accelerate Growth and Brand Leadership

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Core Scientific CEO Adam Sullivan Q&A - Q3 Earnings, Fresh ATH & Data Center Updates!

Nov. 07, 2024 | 10:00AM EST | Power Mining Analysis

Key Highlights from Core Scientific Podcast

Post-Bankruptcy Resilience

- Core Scientific emerged from Chapter 11 bankruptcy, securing a $460M convertible note to strengthen financials and support acquisitions, including a new site in Alabama to boost Bitcoin mining and HPC growth.

Expansion into HPC

- Core Scientific contracted 570 megawatts to CoreWeave, positioning itself as a leader in the HPC market, capitalizing on increased demand and enhancing operational capabilities.

Strategic Financial Management

- The company utilizes a $750M credit line and strategic client partnerships to fund major projects without adding financial strain, minimizing the need for new capital and ensuring sustainable growth.

Bitcoin Mining Strategy

- Focus on self-mining and tech advancements to maximize Bitcoin holdings amidst market volatility, boosting profitability and solidifying industry position.

Cost-Effective Equipment Design

- With over 700,000 machines in operation, Core Scientific emphasizes repair-friendly, cost-efficient equipment, using on-site repair teams and data-driven forecasting to enhance long-term efficiency.

Leadership and Market Positioning

- CEO Adam Sullivan’s leadership sets industry benchmarks, reflecting a pioneering approach to recovery, expansion, and innovation, positioning Core Scientific for continued success in Bitcoin mining and HPC.

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Core Scientific Q1 2025 Outlook | CoreWeave, Self Mining & HODL Updates | Adam Sullivan | CORZ

Core Scientific's trajectory is witnessing a major transformation as they report outstanding achievements from 2024 and aggressive plans for 2025. Adam Sullivan shares insights into their breakthrough contracts, focus on high-performance computing, and strategies for sustainable growth in the Bitcoin mining sector.

  • Highlights from 2024: Restructured capital and significant revenue growth
  • Major hosting contract with CoreWeave: A game-changer for infrastructure
  • Financial strategies: Prioritizing investment in technology and talent
  • Competitive advantages: Optimization in Bitcoin mining operations
  • Recruitment efforts: Building a strong team for future expansions
  • Challenges ahead: Addressing power generation and regulatory issues
  • Overall outlook: Ambitious goals for becoming a leading data center company