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CORZZ
Upturn stock rating

Core Scientific, Inc. Tranche 2 Warrants (CORZZ)

Upturn stock rating
$19.42
Last Close (24-hour delay)
Profit since last BUY92.35%
upturn advisory
SELL
SELL since 3 days
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  • SELL Advisory (Loss)​
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Upturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
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Upturn Advisory Summary

10/24/2025: CORZZ (3-star) is a SELL. SELL since 3 days. Simulated Profits (92.35%). Updated daily EoD!

Upturn Star Rating

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 1125.34%
Avg. Invested days 130
Today’s Advisory SELL
Upturn Star Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance 5.0
Stock Returns Performance Upturn Returns Performance 5.0
Upturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulation Last Close 10/24/2025

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 -

ai summary icon Upturn AI SWOT

Core Scientific, Inc. Tranche 2 Warrants

stock logo

Company Overview

overview logo History and Background

Core Scientific, Inc. was a large-scale digital asset mining company. The Tranche 2 Warrants represented the right to purchase shares of Core Scientific's common stock. The company filed for bankruptcy in December 2022 and emerged in January 2024. The warrants were cancelled.

business area logo Core Business Areas

  • Digital Asset Mining: Primarily focused on mining Bitcoin for its own account.
  • Hosting Services: Provided infrastructure, technology, and other services to other digital asset miners.

leadership logo Leadership and Structure

Before bankruptcy, the leadership included Michael Levitt as CEO. Post-bankruptcy, leadership and structure would have been reorganized.

Top Products and Market Share

overview logo Key Offerings

  • Bitcoin Mining: Mining Bitcoin, selling Bitcoin to generate revenue. Market share fluctuated significantly based on mining capacity and Bitcoin prices. Competitors included Marathon Digital Holdings (MARA) and Riot Platforms (RIOT).
  • Hosting Services: Providing hosting services to other miners, generating revenue through hosting fees. Competition included Compute North (bankrupt) and other smaller hosting providers.

Market Dynamics

industry overview logo Industry Overview

The digital asset mining industry is highly volatile, dependent on Bitcoin prices, energy costs, and regulatory environment.

Positioning

Before bankruptcy, Core Scientific was one of the largest publicly traded Bitcoin miners. Positioning was impacted by debt and operational challenges.

Total Addressable Market (TAM)

The TAM for Bitcoin mining is theoretically the total Bitcoin block reward plus transaction fees. Core Scientific's position within this TAM was dependent on its hashrate and mining efficiency.

Upturn SWOT Analysis

Strengths

  • Large-scale mining infrastructure
  • Experienced management team (pre-bankruptcy)
  • Significant hosting capacity (pre-bankruptcy)

Weaknesses

  • High debt levels (pre-bankruptcy)
  • Exposure to Bitcoin price volatility
  • High energy costs
  • Dependence on Bitcoin Difficulty Adjustments

Opportunities

  • Increased institutional adoption of Bitcoin
  • Expansion of hosting services
  • Technological advancements in mining equipment
  • Opportunities to scale operations and infrastructure

Threats

  • Bitcoin price crashes
  • Increased regulation of digital asset mining
  • Rising energy costs
  • Increased mining difficulty
  • Competition from other miners

Competitors and Market Share

competitor logo Key Competitors

  • MARA
  • RIOT
  • Hut 8 Corp (HUT)
  • CleanSpark, Inc. (CLSK)

Competitive Landscape

The digital asset mining market is highly competitive. Core Scientific faced challenges related to debt, energy costs, and Bitcoin price volatility.

Growth Trajectory and Initiatives

Historical Growth: Pre-bankruptcy, the company experienced rapid revenue growth, but also significant losses.

Future Projections: Post-bankruptcy, future projections are contingent on the success of the restructuring plan and the performance of the digital asset mining market.

Recent Initiatives: Recent initiatives include restructuring debt and focusing on core mining operations.

Summary

Core Scientific faced significant financial difficulties and ultimately filed for bankruptcy. Its large-scale mining infrastructure was a strength, but high debt levels and exposure to Bitcoin price volatility proved to be major weaknesses. The company's future is uncertain and dependent on the success of its restructuring efforts and the overall health of the digital asset market. The warrants were cancelled during bankruptcy proceedings and have no value.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • SEC Filings
  • Company Press Releases
  • Third-party Financial Data Providers

Disclaimers:

This analysis is based on publicly available information and represents a snapshot in time. It is not financial advice, and investors should conduct their own due diligence before making any investment decisions. The information provided here is for informational purposes only and should not be considered a recommendation to buy or sell any security. Core Scientific has gone through bankruptcy and therefore financial metrics from the past may not apply.

Upturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI Summarization 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
Full time employees 325

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.