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home / news releases / CORZ - Core Scientific: HPC Deals And A Buyout Offer

CORZ - Core Scientific: HPC Deals And A Buyout Offer

Core Scientific Inc.

2024-06-04 15:35:27 ET

Summary

  • After a rollercoaster ride for CORZ shareholders that included a delisting, bankruptcy, and relisting, a lifeline has been offered.
  • Core Scientific is the latest Bitcoin miner to get a buyout offer from a suitor, this one coming from the company's HPC hosting customer.
  • Bitcoin mining fundamentals are questionable going forward and there is still over $1 billion in total liabilities.

It has been nearly two years since I last covered Core Scientific ( CORZ ) for Seeking Alpha. In the time since that "sell" call, CORZ shareholders have been on quite the journey to say the least....

For further details see:

Core Scientific: HPC Deals And A Buyout Offer
Stock Information
Company Name: Core Scientific Inc.
Stock Symbol: CORZ
Market: NASDAQ
Website: corescientific.com
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