Core Scientific Investment Overview - DSC Meridian Capital increased its stake in Core Scientific by nearly 1.4 million shares, bringing total holdings to 2.3 million shares valued at approximately $40.9 million at quarter-end, reflecting a $25.4 million increase in position [1][2] - Core Scientific now represents 8.3% of DSC Meridian Capital's 13F assets under management [3] Company Performance Metrics - As of the latest report, Core Scientific shares are priced at $13.57, down 15% over the past year, underperforming the S&P 500, which is up 12% [3] - Core Scientific has a market capitalization of $4.2 billion, with a trailing twelve months (TTM) revenue of $334.2 million and a net income of -$768.3 million [4] Business Operations - Core Scientific operates digital asset mining facilities and provides blockchain infrastructure and digital asset mining services in North America, targeting institutional clients and enterprises [6][9] - The company reported a year-over-year revenue decline to $81.1 million, but high-density colocation revenue increased to $15 million from $10.3 million, indicating a strategic pivot towards AI and advanced compute infrastructure [10] Financial Stability - Core Scientific's gross profit turned positive at $3.9 million, a significant improvement from losses in the prior-year quarter, while net losses narrowed despite ongoing capital investments [10] - The company exited the quarter with approximately $695 million in liquidity, including cash and bitcoin holdings, which is crucial for its long-term strategy [10] Market Sentiment - Analysts have recently become more positive about Core Scientific, with firms like Macquarie, Clear Street, and Cantor Fitzgerald raising their price targets or issuing more favorable ratings [11]

🔥 Kaspa vs Bitcoin... Who wins?While both $BTC and @kaspaunchained are both proof-of-work blockchains, there is a lot that sets them apart...We let these two L1 giants go head-to-head in our comparative research article.Will the ultra-secure Bitcoin or the ultra-scalable $KAS ultimately come out on top?https://t.co/7W92wzvHKx ...

Two blockchains hold 88% market share based on stablecoin market cap.🇺🇸 U.S. interest: Public blockchains provide the fastest, lowest-cost distribution channel for dollar instruments, which makes their reliability and clear regulatory status a matter of national economic interest.CoinDesk (@CoinDesk):🇺🇸LATEST: @SECPaulSAtkins calls public blockchains "more transparent than any legacy financial system ever built." https://t.co/NFmrKSFrKT ...

Popular tokenization platform Ondo Finance rolled out the Ondo Bridge for tokenized stocks and exchange-traded funds (ETFs) on two of the most widely used blockchain networks, Ethereum and BNB Chain, on Dec. 17. Launched in collaboration with LayerZero, Ondo Bridge allows more than 100 stocks and ETFs tokenized by Ondo Finance to be seamlessly transferred across the two blockchains. Tokenization is the process of deploying blockchain technology to digitally represent real-world assets (RWAs) like stocks ...

LATEST: 🏦 The DTTC has received SEC approval to pilot blockchain-based US Treasury tokens on the Canton Network, marking the first live test of on-chain assets directly tied to DTC custody under US regulatory oversight. https://t.co/Ys63lbfUTR ...

Nuvei received approval to operate under the European Union’s new regulatory framework for cryptocurrency.By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions .Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.The Canadian payments got a Crypto-Asset Service Provider (C ...

Bitcoin gets the headlines. Ethereum powers the smart contracts. Yet behind closed doors on Wall Street, the conversation keeps circling back to something most retail investors barely notice: dollar-pegged stablecoins.This isn’t just another crypto trend catching institutional attention. What’s happening runs deeper. Stablecoins are quietly positioning themselves at the intersection of payments infrastructure, regulatory frameworks, and government financing in ways that make them impossible for traditional ...

Visa Inc. (NYSE: V) announced the launch of USDC settlement in the United States, marking a key milestone in the company’s stablecoin settlement pilot program and strategy to “modernize its settlement layer underpinning commerce.” Now, U.S. issuer and acquirer partners can settle with Visa in Circle’s USDC, “a fully reserved, dollar-denominated stablecoin.”With USDC settlement, issuers can benefit “from faster funds movement over blockchains, seven‑day availability and enhanced operational resilience across ...

JPMorgan Chase & Co. (NYSE:JPM) is included among the 12 Best Dogs of the Dow to Invest in. JPMorgan (JPM) Launches Tokenized Money Fund for Investors Image by Steve Buissinne from Pixabay According to a report by the Wall Street Journal, JPMorgan Chase & Co. (NYSE:JPM) is stepping into a new corner of finance by bringing blockchain technology to a familiar product: the money-market fund. The bank’s $4 trillion asset-management business is launching its first tokenized money fund. Instead of traditional ...

wowinterestingalmost like this privacy thing was indeed importantDEGEN NEWS (@DegenerateNews):NEW: WALL STREET GIANT DTCC PICKS PRIVACY FOCUSED BLOCKCHAIN CANTON NETWORK FOR TOKENIZATION - COINDESKSOURCE: https://t.co/z9ZgQHnG05 https://t.co/csYEvKEL8X ...