About Core Scientific
Core Scientific is a company based in Bellevue (United States) founded in 2017 was acquired by CoreWeave in July 2025. Core Scientific has raised $49 million across 7 funding rounds from investors including Celsius, BITMAIN and CoreWeave. The company has 325 employees as of December 31, 2024. Core Scientific has completed 1 acquisition, including Honeyminer. Core Scientific offers products and services including HPC Hosting, Bitcoin Mining, Bitcoin Miner Hosting, and Digital Infrastructure. Core Scientific operates in a competitive market with competitors including Pi Network, Vogogo, Bitfarms, Compute North and Genesis Digital Assets, among others.
- Headquarter Bellevue, United States
- Employees 325 as on 31 Dec, 2024
- Stage Public
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Sectors
TechnologyFinancial Services
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Core Scientific, Inc.
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Annual Revenue
$510.67 M (USD)1.65as on Dec 31, 2024
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Net Profit
-$1.12 B (USD)-355.37as on Dec 31, 2024
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EBITDA
$108.94 M (USD)-2.55as on Dec 31, 2024
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Total Equity Funding
$49 M (USD)
in 7 rounds
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Latest Funding Round
$400 M (USD), Post-IPO
Aug 14, 2024
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Investors
Celsius
& 6 more
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Employee Count
325
as on Dec 31, 2024
- Investments & Acquisitions
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Acquired by
CoreWeave
(Jul 07, 2025)
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IPO & Listings of Core Scientific
Core Scientific is a publicly listed company on the NASDAQ with ticker symbol CORZ in USA, operating in the Technology services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Core Scientific
Core Scientific offers a comprehensive portfolio of products and services, including HPC Hosting, Bitcoin Mining, Bitcoin Miner Hosting, and Digital Infrastructure.
Provides high-power infrastructure for deploying GPUs in high-performance computing.
Operates large-scale mining for solving Bitcoin puzzles and earning rewards.
Offers premium hosting for customer miners with high uptime and efficiency.
Delivers scalable data centers for advanced computing and mining needs.
People of Core Scientific
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Funding Insights of Core Scientific
Core Scientific has successfully raised a total of $49M across 7 strategic funding rounds. The most recent funding activity was a Post-IPO round of $400 million completed in August 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Core Scientific
Core Scientific has secured backing from 7 investors, including institutional and venture fund investors. Prominent investors backing the company include Celsius, BITMAIN and CoreWeave.
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Buyouts are targeted through private equity investments by the firm.
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Investments are directed toward early-stage startups by Ibex Investors.
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Hardware solutions for cryptocurrency mining are developed.
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Investor details for Core Scientific
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Investments & Acquisitions by Core Scientific
Core Scientific has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Honeyminer.
Investment portfolio details for Core Scientific
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- Transaction dates
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Platform offering pool mining solutions
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Complete acquisition details for Core Scientific
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Financial Statements - Core Scientific
Detailed financials for Core Scientific
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Core Scientific Comparisons
Peer comparison for Core Scientific
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Competitors of Core Scientific
Core Scientific operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Pi Network, Vogogo, Bitfarms, Compute North and Genesis Digital Assets, among others.
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Provider of blockchain-based platform offering to mine coins
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Bitcoin mining hosting and optimization software are provided.
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Cryptocurrency cloud mining solutions are provided via blockchain infrastructure.
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Renewable energy-powered cryptocurrency mining colocation is provided.
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Profitable bitcoin mining operation services are provided globally.
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Detailed competitors of Core Scientific
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Latest news on Core Scientific
Complete news archive for Core Scientific
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Frequently Asked Questions about Core Scientific
Core Scientific was founded in 2017 and raised its 1st funding round 1 year after it was founded.
Core Scientific is headquartered in Bellevue, United States. It is registered at Bellevue, Washington, United States.
Core Scientific is a funded company, having raised a total of $49M across 7 funding rounds to date.
As of Dec 31, 2024, the latest employee count at Core Scientific is 325.
Annual revenue of Core Scientific is $510.67M as on Dec 31, 2024.
Core Scientific was founded in 2017 and is headquartered in Bellevue, United States. Operations focus on the AI and blockchain sectors, where infrastructure and hosting services for both technologies are provided. AI applications, blockchain applications, and digital asset mining services are also delivered. Fleet management solutions support overall activities in these areas.
Core Scientific's top competitors include Pi Network, Bitfarms and BitFuFu.
Core Scientific offers HPC Hosting, Bitcoin Mining, Bitcoin Miner Hosting, and Digital Infrastructure.
Yes, Core Scientific is publicly traded on NASDAQ under the ticker symbol CORZ.
Core Scientific has made 1 acquisition, including Honeyminer.
Core Scientific has 7 investors. Key investors include Celsius, BITMAIN, CoreWeave, Apollo Global Management, and BlackRock.
The ticker symbol of Core Scientific is CORZ on NASDAQ.