Bitcoin mining news: China mining crackdown, Hut 8's $7B AI deal, CoreWeave's delays [Yahoo! Finance]
Core Scientific, Inc. (CORZ)
Company Research
Source: Yahoo! Finance
Xinjiang, potentially shaking out gigawatts worth of bitcoin mining in the region. While hashrate faces pressure abroad, North American infrastructure continues to pivot toward AI, headlined by a massive hosting deal from Hut 8 (Nasdaq: HUT) and ongoing project developments for Core Scientific (Nasdaq: CORZ). Meanwhile, market economics remain strained with hashprice dipping below $40 per PH/s/day, and financing concerns have emerged for major tech players like Oracle (NYSE: ORCL). In Texas, local politics took center stage as a vote to incorporate a town near a MARA Holdings (Nasdaq: MARA) facility failed, securing the miner's operational status for the time being. You're reading a recap of The Mining Pod. Watch here on Youtube! Authorities in the Xinjiang region of China have ramped up scrutiny on Bitcoin miners operating in the gray market, leading to a shutdown of roughly 1.3 GW of power capacity. This enforcement is framed as rolling inspections rather than a single seizure
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CORZ
News
- Luxor sues Giga and former employee for alleged poaching, client theft [Yahoo! Finance]Yahoo! Finance
- Core Scientific Shifts To HPC Leasing Model After Rejected CoreWeave Merger [Yahoo! Finance]Yahoo! Finance
- Keefe Bruyette Raises Core Scientific (CORZ) PT Following Pivot From Bitcoin Mining to AI Infrastructure [Yahoo! Finance]Yahoo! Finance
- Riot Platforms Recasts Bitcoin Mining Story With AMD AI Data Center Deal [Yahoo! Finance]Yahoo! Finance
- Core Scientific (NASDAQ:CORZ) had its price target raised by analysts at Keefe, Bruyette & Woods from $19.00 to $25.00. They now have an "outperform" rating on the stock.MarketBeat
CORZ
Earnings
- 8/8/25 - Beat
CORZ
Sec Filings
- 2/11/26 - Form SCHEDULE
- 2/9/26 - Form SCHEDULE
- 2/6/26 - Form 4
- CORZ's page on the SEC website