Core Scientific (CORZ) Reports $347M Q1 Loss Amid Mining Decline
Lawrence Jengar May 07, 2026 13:52 Core Scientific posts $347M Q1 loss as Bitcoin mining revenue drops 55% YoY, with high-density colocation now its top revenue driver. Core Scientific (NASDAQ: CORZ), a prominent Bitcoin mining company transitioning into AI infrastructure, reported a $347.2 million net loss for Q1 2026, highlighting a significant decline in mining...
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