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Core Scientific

Austin, US · founded 2017
L4 · Compute Capacity Providersalso L0also L1
ex-crypto convertsincumbentpublic
Crypto heritage

Core Scientific operates large U.S. sites that began as bitcoin mining facilities and are increasingly being leased for AI and HPC workloads. It sells power, space and operations for large tenants.

Ecosystem functionCore Scientific is a leading crypto-to-AI conversion story, standing out for repurposing already-powered campuses into leased AI data center capacity.

Business modelhosting and data center leasing

Revenue$77.5M (Q1 2026 colocation revenue)
Valuation$7.13Breported
Last round$3.3B (project bond)2025
Sources · 5 ↓
  1. https://www.corescientific.com/
  2. https://companiesmarketcap.com/core-scientific/marketcap/
  3. https://investors.corescientific.com
  4. https://www.investing.com/news/company-news/core-scientific-q1-fy2026-slides-10b-ai-contracts-3-gw-pipeline-93CH-4665996
  5. https://www.factorstoday.com/research/CORZ
News
Suggest an editLast verified 2026-07-26
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