our first mining chip customer!
Adam Sullivan
69 posts
- Today @Core_Scientific emerged from reorganization and will begin trading on @Nasdaq as $CORZ tomorrow. I'm proud of our amazing team, whose hard work has positioned us for an exciting next chapter!We are thrilled to announce that Core Scientific has officially emerged from Chapter 11! Read the full press release here: bit.ly/3SsjCOQ
- Earlier this year, we unveiled our strategy to expand our infrastructure portfolio into HPC for AI compute. Since then, we've made significant waves in the industry, executing our plan month after month to establish and lead our new category in the digital infrastructureToday, Core Scientific announced exercise of additional contract option by @CoreWeave for delivery of ~112 MW of additional infrastructure to host high-performance computing operations. -Expands total contracted #HPC infrastructure by CoreWeave to 382 MW at 5 $CORZ sites
00:00 - We entered 2024 as a Bitcoin mining company emerging from bankruptcy. We exited as a HPC data center leader with a clear pathway to becoming one of North America's largest digital infrastructure providers. First gradually, then suddenly.From relisting on @NasdaqExchange to becoming a trusted leader for HPC at scale, 2024 was a year of milestones: ✅ Relisted on @Nasdaq ✅ Delivered first 16 MW of #HPC capacity ahead of schedule ✅ Added 100+ MW of infrastructure for #Bitcoin mining ✅ Scaled total power
00:00 - Thank you to everyone who joined our earnings call today. In Q3, we were laser-focused on expanding our HPC business and optimizing our bitcoin mining business- a focus that will drive us through the remainder of 2024 and beyond. With our 500 MW HPC hosting contract, expansion
00:00 - Another big milestone for @Core_Scientific within 6 months of emergence! Great work to our team on continuing to deliver for our shareholders!Today, we announced tranche 2 warrants triggering event. As a result, the tranche 2 warrants $CORZZ are exercisable at the option of the holder until expiration on January 23, 2029. “The continued strength of our operating and trading performance has led to this important
- Re-listing on the Nasdaq is a testament to the relentless dedication and resilience of every member of the @Core_Scientific Team. Their commitment continues to pave the way for our success. In this new chapter, we aim to remain laser focused on operating with superior efficiency
00:00 - We started the year strong, mining more Bitcoin than any other listed public miner in Q1 of 2024. With our 72 MW expansion project at our Denton data center on track to be completed by the end of Q2, we're set to maintain our momentum for the year!
00:00 - I had a great time on @CNBCFastMoney discussing @Core_Scientific’s journey from building the largest infrastructure footprint in the public bitcoin mining industry to forging a new category in the digital infrastructure industry as a leader in AI hosting. Thank you,"We are a digital infrastructure company at heart, and that enabled us to be the largest #bitcoin mining company [in terms of MW and production] for the last 3 years” $CORZ CEO @_Adam_Sullivan1 on @CNBCFastMoney explaining how being a digital infrastructure company enabled us
00:00 - Amazing work to the entire @Core_Scientific team! Strong first quarter performance, leading public miners for bitcoins mined again!
00:00 - In Q1, we remained focused on executing our three strategic priorities: - Diversifying our customer base - Delivering on our contracts with CoreWeave - Expanding our data center capacity We made significant progress across all three. Our customer pipeline continues to grow,Core Scientific has announced its First Quarter 2025 Results! - On track to deliver 250MW of billable capacity to CoreWeave by the end of this year and anticipate entering 2026 with annualized colocation revenue of approximately $360 million. - First tranche of 8MW of billable
- The Denton project is taking shape quickly! Thank you to our trade partners and the Core Scientific delivery team for working around the clock to keep this massive build on schedule.#ICYMI: Here’s a quick look at the construction highlights from our most recent earnings call Denton Project Delivery Progress: - Delivering the first 8 megawatts of capacity to our customer this month - Another 40 megawatts will come online by the end of Q2 - Additional
00:00 - It was a pleasure ringing the @Nasdaq Closing Bell to celebrate @Core_Scientific’s relisting with our amazing team. Rejoining Nasdaq is a very exciting milestone in the company’s history, but our journey is just getting started!.@Core_Scientific is helping to build a better future by accelerating digital innovation. ✨ Joining us for the @NasdaqExchange Closing Bell, $CORZ is one of the largest bitcoin miners and hosting solutions providers for bitcoin mining in North America. #NasdaqListed
- Thank you, @timsteno and @kgreifeld, for having me on @BloombergRadio last week! At @Core_Scientific, we’re laser-focused on maximizing revenue in every scenario. Our flexible energy contracts and proprietary software give us an edge, even through challenges like the recentListen below to hear $CORZ CEO @_Adam_Sullivan1 highlight for @BloombergRadio some of the key drivers behind why the recent #Bitcoin halving had less of an impact on Core Scientific’s cost-to-mine compared to the rest of the market.
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