NasdaqGS:CORZSoftware
Core Scientific (CORZ) Is Down 11.9% After Major AI Pivot And CoreWeave Deal - Has The Bull Case Changed?
In recent months, Core Scientific has accelerated its move away from pure bitcoin mining toward AI and high‑performance compute infrastructure, underpinned by a long-term CoreWeave contract reportedly worth more than US$10.00 billion over 12 years.
This pivot has coincided with DSC Meridian Capital adding roughly 1.4 million shares, about US$25.40 million, and an unusually high volume of options activity, highlighting growing institutional and derivatives-market interest in Core Scientific’s...