Popular miner lays off 15% of staff days after selling $1.1 billion in Bitcoin [Yahoo! Finance]
Core Scientific, Inc. (CORZ)
Company Research
Source: Yahoo! Finance
uncertainty, and intensifying competition, major miners are quietly reinventing themselves as AI and high-performance computing infrastructure companies. Firms like Core Scientific (NASDAQ: CORZ), Riot Platforms (NASDAQ: RIOT), and Cipher Mining (NASDAQ: CIFR) have all announced pivots toward leasing data centre capacity to AI operators. It gives a higher-margin, more predictable revenue stream than mining ever offered. Bitcoin miner MARA Holdings (NASDAQ: MARA) is watching that shift closely, and its latest moves suggest it is clearing the decks to follow suit. But the strategic pivot is coming at a human cost. Related: Bitcoin mining stocks in focus as strategic focus shifts toward AI A billion in Bitcoin sold, hundreds of jobs cut On April 3, reports began circulating that MARA is laying off approximately 15% of its workforce across multiple departments, with reductions being implemented in phases. Affected employees will reportedly receive one month of paid leave thr
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CORZ
News
- Why Core Scientific Stock Crumbled in March [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- Why Core Scientific Stock Crumbled in March [Yahoo! Finance]Yahoo! Finance
- 5 Ways To Protect Enterprise Value During A Merger Or Acquisition [Forbes]Forbes
- How Investors May Respond To Core Scientific (CORZ) Doubling Its Bridge Loan Capacity To US$1 Billion [Yahoo! Finance]Yahoo! Finance
- Galaxy Digital Trims Its Core Scientific Stake by $4.8 Million -- but Still Holds Plenty [Yahoo! Finance]Yahoo! Finance
CORZ
Earnings
- 3/2/26 - Beat
CORZ
Sec Filings
- 4/2/26 - Form 4
- 4/2/26 - Form 4
- 4/1/26 - Form 144
- CORZ's page on the SEC website