initial public offerings (IPOs) trading on American exchanges
Showing posts with label cryptominer IPOs. Show all posts
Showing posts with label cryptominer IPOs. Show all posts

Friday, August 16, 2024

Core Scientific (CORZ) : 6-month performance

Core Scientific, which has operations in five U.S. states, mines for bitcoin and other cryptocurrencies.
Sector: Technology
Industry: Software - Infrastructure
Full Time Employees: 325
Founded in 2017 by Darin Feinstein and Mike Levitt
Headquartered in Dover, Delaware

  • IPO: 21 July 21 via a merger with a blank-check company Power & Digital Infrastructure Acquisition Corp (XPDI) backed by BlackRock Inc (BLK), in a deal that values the cryptocurrency miner at $4.3 billion.
  • 2021: Core was one of the largest publicly traded crypto mining firms in the U.S.
  • Filed for bankruptcy in December 2022; relisted January 24, 2024


One month later: Sep 16, 24

Sep 16, 24


Core Scientific’s 104 megawatt Bitcoin mining data center in Marble, North Carolina