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Core Scientific revenue doubles in Q2 as AI colocation expansion accelerates Digital infrastructure company Core Scientific more than doubled its second-quarter revenue as rapid growth in its artifici

Core Scientific revenue doubles in Q2 as AI colocation expansion accelerates

Digital infrastructure company Core Scientific more than doubled its second-quarter revenue as rapid growth in its artificial intelligence and high-performance computing (HPC) colocation business continued to reshape its earnings profile following its pivot beyond Bitcoin mining.

Core Scientific revenue doubles in Q2 as AI coloca

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HTX Creation Challenge — Post and Win 1,500U 💥Discuss Hot Assets , Enter the Lucky DrawHTX Refer And Earn Core Scientific Adds More Bitcoin To Balance Sheet in Q2 Despite Selling Strategy While the pu

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Core Scientific Adds More Bitcoin To Balance Sheet in Q2 Despite Selling Strategy

While the publicly-traded miner's holdings have shrunk overall this year, the company has quickly added more Bitcoin to its balance sheet the past quarter.
Nasdaq-listed miner Core Scientific is rebuilding its Bitcoin treasury after seeing its balance sheet shrink at the start of this year. 

In a regulatory filing Tuesday, the miner said it had a total of 848 Bitcoins — worth over $54 million at today’s prices — after finishing the first quarter of this year with 547 Bitcoins. 

Core Scientific finished 2025 with 2,537 but started aggressively selling coins to fund its transition to the AI and high-powered computing industry. 

But the miner has started stacking Bitcoin again, using coins from mining, in order to have a strong balance sheet. It added 301 coins this quarter alone. 

Selling Bitcoins can reduce reliance on equity issuance or additional borrowing, especially in a higher-interest rate environment. It also gives a company more cash on hand.

Core Scientific shares (CORZ) were trading about 2% lower Tuesday afternoon in New York. 

The company, which operates data centers across Alabama, Georgia, Kentucky, North Carolina, North Dakota, Oklahoma, and Texas, added that its revenue in the second quarter of this year rose sharply to $164.2 million from $78.6 million in Q2 2025. 

Gross profit rose to $70 million from $5 million in the same period as the year before. 

Core Scientific is one of a number of top publicly listed miners that have started directing resources to providing the infrastructure for high-powered computing.

On Tuesday, the miner signed a deal with chipmaker AMD for 2.5 gigawatts ‌of data center capacity. The deal will give AMD access to more than 500 megawatts of Core Scientific’s AI-ready ‌data ⁠center capacity. 




Core Scientific Adds More Bitcoin To Balance Sheet

$SSV RSI CRACKING BELOW 40 — LIQUIDITY SWEEP CONFIRMS SHORT BIAS! 🔴📉 Entry: 2.185 ⚡ Target: 2.1115 🚀 Stop Loss: 2.234 ⚠️ 🔍 RSI at 36.0 signals weakening momentum as sellers absorb every bounce. The li

$ETH sitting pretty right here. My guess? We pause, catch our breath, then probably push higher. I've seen this movie before — feels like we're just killing time before the move to $2,500. That's the 

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