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Tag: ADAM SULLIVAN

Bitcoin / Market

Core Scientific Shifts Focus to AI Colocation Amidst Crypto Revenue Decline

May 8, 2025 - by Elena Garcia - Leave a Comment

Core Scientific reported a significant decrease in cryptomining revenue as it pivots towards AI colocation services. Despite an increase in net income, total revenue declined to $79.5 million. The company …

Core Scientific Shifts Focus to AI Colocation Amidst Crypto Revenue Decline Read More
Bitcoin / Market

Core Scientific Shifts Focus to AI Colocation Amidst Crypto Revenue Decline

May 8, 2025 - by Amina Khan - Leave a Comment

Core Scientific reported a significant decrease in cryptomining revenue as it pivots towards AI colocation services. Despite an increase in net income, total revenue declined to $79.5 million. The company …

Core Scientific Shifts Focus to AI Colocation Amidst Crypto Revenue Decline Read More
Bitcoin / Market

Core Scientific Reports $580M Profit in Q1 Amid Revenue Shortfall

May 8, 2025May 8, 2025 - by Amina Khan - Leave a Comment

Core Scientific Inc. reported a Q1 2025 net profit of $580 million but missed revenue forecasts due to a decline in mining activities. Despite a strong profit increase from the …

Core Scientific Reports $580M Profit in Q1 Amid Revenue Shortfall Read More
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