Home 
Today's Top Picks 
Top Performers 
Watchlist 
My Robo Portfolios 
ETF Zone 
Help & Tutorial 
Cancel anytime
- Chart
- Upturn Summary
- Highlights
- Valuation
Upturn AI SWOT - About
Core Scientific, Inc. Tranche 2 Warrants (CORZZ)
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- Pass (Skip investing)
Stock price based on last close (see disclosures)
- ALL
- YEAR
- MONTH
- WEEK
Upturn Advisory Summary
09/16/2025: CORZZ (3-star) is a STRONG-BUY. BUY since 89 days. Simulated Profits (74.46%). Updated daily EoD!
Upturn Star Rating
Moderate Performance
These Stocks/ETFs, based on Upturn Advisory, typically align with the market average, offering steady but unremarkable returns.
Analysis of Past Performance
Type Stock | Historic Profit 1011.38% | Avg. Invested days 118 | Today’s Advisory Regular Buy |
Upturn Star Rating | Upturn Advisory Performance  5.0 | Stock Returns Performance  5.0 |
| Profits based on simulation | Last Close 09/16/2025 |
Key Highlights
Company Size ETF | Market Capitalization 0 USD | Price to earnings Ratio - | 1Y Target Price - |
Price to earnings Ratio - | 1Y Target Price - | ||
Volume (30-day avg) - | Beta - | 52 Weeks Range 6.30 - 18.56 | Updated Date 05/31/2025 |
52 Weeks Range 6.30 - 18.56 | Updated Date 05/31/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) - |
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin -229.98% | Operating Margin (TTM) -53.56% |
Management Effectiveness
Return on Assets (TTM) -6.09% | Return on Equity (TTM) - |
Valuation
Trailing PE - | Forward PE - | Enterprise Value - | Price to Sales(TTM) - |
Enterprise Value - | Price to Sales(TTM) - | ||
Enterprise Value to Revenue - | Enterprise Value to EBITDA - | Shares Outstanding - | Shares Floating 288097952 |
Shares Outstanding - | Shares Floating 288097952 | ||
Percent Insiders - | Percent Institutions - |
Upturn AI SWOT
Core Scientific, Inc. Tranche 2 Warrants
Company Overview
History and Background
Core Scientific, Inc. was a leading blockchain computing data center provider and digital asset miner. Founded in 2017, it grew rapidly during the cryptocurrency boom but filed for bankruptcy in December 2022. The Tranche 2 warrants represented the right to purchase shares post-bankruptcy reorganization. The company has since emerged from bankruptcy and is now listed under CLSK.
Core Business Areas
- Blockchain Computing: Providing infrastructure and hosting services for blockchain networks, including Bitcoin mining.
- Digital Asset Mining: Engaging in direct mining of digital assets like Bitcoin.
Leadership and Structure
Prior to bankruptcy, the leadership included Mike Levitt (CEO) and Denise Sterling (CFO). Post-bankruptcy and under new ownership (CleanSpark), the organizational structure has been altered and leadership has changed.
Top Products and Market Share
Key Offerings
- Colocation Services: Providing data center space, power, and cooling to cryptocurrency miners. Market share varied significantly, estimated around 5-10% pre-bankruptcy in the US. Competitors include Marathon Digital Holdings (MARA), Riot Platforms (RIOT), and CleanSpark (CLSK).
- Self-Mining Operations: Mining Bitcoin directly using owned or leased mining equipment. Revenue varied with Bitcoin price. Competitors include Marathon Digital Holdings (MARA), Riot Platforms (RIOT), and Hut 8 (HUT).
Market Dynamics
Industry Overview
The blockchain computing and cryptocurrency mining industry is highly volatile, influenced by cryptocurrency prices, regulatory changes, and technological advancements.
Positioning
Core Scientific was a major player but faced significant challenges due to energy costs, Bitcoin price volatility, and debt obligations. Following bankruptcy, CleanSpark now operates the assets.
Total Addressable Market (TAM)
The TAM for cryptocurrency mining is estimated in the billions of dollars, but highly volatile and dependent on cryptocurrency valuations. Core Scientific's positioning was strong pre-bankruptcy due to its scale but now integrated within CleanSpark's market approach.
Upturn SWOT Analysis
Strengths
- Large-scale infrastructure
- Established relationships with mining equipment suppliers
- Experienced management team (pre-bankruptcy)
Weaknesses
- High energy costs
- Dependence on Bitcoin price
- High debt levels (pre-bankruptcy)
- Bankruptcy Reorganization
Opportunities
- Expansion of colocation services
- Diversification into other blockchain applications
- Increased adoption of renewable energy sources
Threats
- Bitcoin price volatility
- Increased regulatory scrutiny
- Rising energy costs
- Technological obsolescence
Competitors and Market Share
Key Competitors
- MARA
- RIOT
- HUT
- CLSK
Competitive Landscape
CleanSpark has emerged as a strong competitor due to it's acquisition of Core Scientific's assets and balance sheet. Core Scientific's prior advantages in scale were offset by financial challenges.
Major Acquisitions
CleanSpark
- Year: 2023
- Acquisition Price (USD millions): 0
- Strategic Rationale: CleanSpark effectively acquired Core Scientific's assets through a bankruptcy restructuring process.
Growth Trajectory and Initiatives
Historical Growth: Rapid growth followed by financial distress and bankruptcy.
Future Projections: Future growth is now tied to CleanSpark's overall strategy. Analyst estimates would reflect CLSK outlook.
Recent Initiatives: Post-bankruptcy initiatives focus on operational efficiency and debt restructuring under CleanSpark's control.
Summary
Core Scientific's financial performance was significantly impacted by Bitcoin's volatility and large debt. CleanSpark is performing the restructuring to leverage some of Core Scientific's prior technology. Core Scientific did have a significant scale advantage but struggled with operational and financial efficiency. The bankruptcy highlights the risks of the cryptocurrency mining sector and now Clearspark has an advantage. Investors should watch CleanSpark's success with these assets as it integrates them in the coming year.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company Filings (pre-bankruptcy)
- Industry Reports
- Analyst Estimates (related to CleanSpark post-bankruptcy)
- News Articles
Disclaimers:
This analysis is based on publicly available information and may not be entirely accurate or complete. Financial data is subject to change. Warrants are speculative instruments and can lose value.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Core Scientific, Inc. Tranche 2 Warrants
Exchange NASDAQ | Headquaters Dover, DE, United States | ||
IPO Launch date 2024-01-24 | CEO, President & Director Mr. Adam Sullivan | ||
Sector Technology | Industry Software - Infrastructure | Full time employees 325 | Website https://corescientific.com |
Full time employees 325 | Website https://corescientific.com | ||
Core Scientific, Inc. provides digital asset mining services in the United States. It operates through three segments: Digital Asset Self-Mining; Digital Asset Hosted Mining; and HPC Hosting. The company offers digital infrastructure, software solutions, and services; and operates licensing data center space facilities. It also deploys and operates own large fleet of miners within owned digital infrastructure as part of a pool of users that process transactions conducted on one or more blockchain networks; and provides hosting services for digital asset mining customers, which include deployment, monitoring, trouble shooting, optimization, and maintenance of its customers' digital asset mining equipment. In addition, the company provides electrical power, repair, and other infrastructure services to operate, maintain, and earn digital assets; and sells mining equipment to customers. Core Scientific, Inc. was founded in 2017 and is headquartered in Dover, Delaware.
Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.