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Keefe Bruyette Raises Core Scientific (CORZ) PT Following Pivot From Bitcoin Mining to AI Infrastructure
Yahoo Finance· 2026-01-30 05:23
Core Scientific Inc. (NASDAQ:CORZ) is one of the best performing new tech stocks to buy now. On January 26, Keefe Bruyette raised the price target on Core Scientific to $25 from $19 with an Outperform rating, having updated the company’s model ahead of the Q4 2025 report. The firm noted that Core Scientific is executing a full pivot from bitcoin mining to HPC leasing, though the shares remain valued largely on existing CoreWeave leases, and Keefe Bruyette sees an attractive setup for the shares ahead of ex ...
HIVE Digital Technologies Announces Filing and Mailing of Annual General and Special Meeting Materials
TMX Newsfile· 2026-01-28 23:31
Your vote is important - vote today.The Board of Directors unanimously recommends that Shareholders vote FOR the election of directors, appointment of auditors, amended incentive stock option plan, amended restricted share unit plan, and amendment to the shareholder quorum requirements at the annual general and special meeting.Shareholder questions or need voting assistance? Please contact Laurel Hill Advisory Group by email at assistance@laurelhill.com, or by texting "INFO" to, or calling, 1-877-452-7184 ...
MARA's Vertical Integration Drives Growth, But Bitcoin Risk Remains
ZACKS· 2026-01-26 16:41
Key Takeaways MARA posted $252M in Q3 revenues, up 92% Y/Y, as energized hashrate climbed to 60.4 EH/s across 18 sites.By owning about 70% of capacity, MARA aims to cut costs and reduce third-party reliance.MARA remains high risk as results hinge on Bitcoin prices, large BTC holdings and no plans for cash dividends.MARA Holdings, Inc. (MARA) is benefiting from vertical integration, strategic expansion, and rising operational efficiency in Bitcoin mining, supported by a strong liquidity position. The company ...
BitMine Immersion Just Invested $200 Million in MrBeast. What Does That Mean for BMNR Stock?
Yahoo Finance· 2026-01-21 17:53
BMNR was listed on the NYSE on June 5, and it opened at $7.35, with little fanfare. Everything changed on June 30. The company named Ethereum its main treasury asset, raised $250 million in a private placement, and brought Tom Lee on board as chairman. That combination impressed investors, and in a single day, BMNR skyrocketed 695%, touching a high of $161 by July 3 and grabbing instant attention.Its operations are anchored in low-cost energy regions such as Trinidad and Pecos, Texas, giving it a durable ad ...
CAVU Subsidiary Pulse Energy to Evaluate Collaboration With System Designers on Digital Asset Mining Solutions
Accessnewswire· 2026-01-13 15:25
TULSA, OKLAHOMA / ACCESS Newswire / January 13, 2026 / CAVU Resources Inc. ("CAVR" or the "Company") (OTC:CAVR), January 13, 2026, today, announced that its subsidiary, Pulse Energy Inc. ("PEI"), is conducting an evaluation of potential collaborations with third-party system designers to assess conceptual data center solutions that may be applicable to digital asset mining operations. As part of the Company's ongoing corporate review and restructuring efforts, all previously filed regulatory disclosures are ...
HIVE Digital Technologies Delivers Strong Year-Over-Year, Quarter-Over-Quarter and Month-Over-Month Growth, Maintaining over 2% of the Global Bitcoin Network
TMX Newsfile· 2026-01-07 06:00
Core Viewpoint - HIVE Digital Technologies Ltd. reported strong Bitcoin production results for December 2025, showcasing significant year-over-year growth and operational resilience despite seasonal weather challenges [2][6]. Production Highlights - In December 2025, HIVE produced 306 Bitcoin, marking a 197% increase year-over-year from 103 Bitcoin in December 2024 [8]. - The company maintained an average daily production of 9.9 Bitcoin and achieved a hashrate that averaged 23.3 Exahash per Second (EH/s), peaking at 24 EH/s [8]. - Full-year 2025 production totaled 2,311 Bitcoin, a 31% increase from 1,770 Bitcoin in 2024, despite a 46% increase in Bitcoin mining difficulty compared to the previous year [6][8]. Operational Resilience - HIVE operates at over 2% of the global Bitcoin network, demonstrating its scale and reliability [3]. - The company's decentralized operating model across three continents and nine time zones allowed it to maintain high uptime and production consistency, even during extreme cold weather [5][10]. Expansion and Growth Outlook - HIVE plans to develop an additional 100 megawatts (MW) of hydroelectric-powered data center capacity in Paraguay, with commissioning targeted for Q3 2026 [7]. - Upon completion, HIVE's renewable energy capacity is expected to reach approximately 540 MW, including 400 MW in Paraguay and 140 MW across Canada and Sweden [9][11]. - The company aims to optimize free cash flow from its green-energy powered data center infrastructure using a disciplined return-on-invested-capital framework [7][10].
A $116 Million Bet on Core Scientific Signals Conviction Beyond Bitcoin Cycles and Headline Volatility
Yahoo Finance· 2025-12-31 17:49
Core Investment Activity - Valiant Capital Management increased its position in Core Scientific by 1.68 million shares in Q3, adding an estimated $34.34 million in overall position value [2][6] - As of September 30, Valiant held a total of 6.48 million shares valued at $116.31 million, making it the fund's largest position [3][6] Company Overview - Core Scientific has a market capitalization of $4.54 billion, employs 325 people, and reported a revenue of $334.18 million with a net income of -$768.31 million [5] - The company provides digital asset mining, blockchain infrastructure, and colocation services, generating revenue from both self-mining operations and hosting solutions for large-scale miners [8][9] Market Performance - As of the latest report, Core Scientific shares were priced at $14.65, reflecting a 4% increase over the past year, but underperforming the S&P 500, which rose by approximately 17% in the same period [4] Strategic Insights - The investment by Valiant Capital occurred during a period when Core Scientific's shares were up roughly 24% in the first three quarters of the year, indicating growing optimism around infrastructure monetization and a proposed merger [10] - The subsequent 32% decline in share value occurred after the merger was scrapped in late October, but the underlying business thesis remains intact despite this setback [12] Business Model and Customer Base - Core Scientific operates a dual business model, earning income from both self-mining and hosting services, catering primarily to large-scale digital asset miners and blockchain technology firms [8][9]
Why a $7.3 Million Bet on Core Scientific Looked Smart at Quarter-End but Got Tested 30% Later
Yahoo Finance· 2025-12-28 16:35
Core Investment Activity - PSquared Asset Management established a new position in Core Scientific by acquiring 405,800 shares valued at approximately $7.28 million, representing 5.78% of its U.S. equity assets [2][3][6] Company Overview - Core Scientific operates in the digital asset mining and blockchain infrastructure sector, generating revenue from proprietary mining and third-party hosting contracts [8][9] - The company has a market capitalization of $4.74 billion and reported a revenue of $334.18 million with a net income of -$768.31 million [5] Stock Performance - As of the latest report, Core Scientific shares were priced at $15.29, reflecting a 5.5% increase over the past year, although this performance lags behind the S&P 500, which increased by approximately 15% in the same period [4] Business Model and Strategy - Core Scientific employs a dual business model, mining digital assets for its own account while also providing datacenter colocation and hosting services for institutional clients [8][9] - The company is focusing on expanding hosting contracts and has improved its balance sheet post-restructuring, with a proposed merger with CoreWeave aimed at monetizing its power-heavy data center assets [10] Recent Developments - Following the termination of the merger agreement with CoreWeave due to shareholder disapproval, Core Scientific's shares have fallen nearly 30%, raising concerns about the company's strategic pivot towards high-density colocation and AI-adjacent workloads [11]
Datacentrex Reports 48% Quarter-Over-Quarter Gross Profit Growth; Revenue Up 27%
Globenewswire· 2025-12-23 13:30
Revenue grew to $4.5 Million from inception to September 30, 2025Revenue grew 27% Quarter-Over-QuarterDigital Asset Mining Infrastructure More Than Doubled Quarter-Over-Quarter CARSON CITY, Nev., Dec. 23, 2025 (GLOBE NEWSWIRE) -- Datacentrex, Inc. (“Datacentrex” or the “Company”) (Nasdaq: DTCX), a diversified technology-driven enterprise, today reported the unaudited results of operations for its recently acquired wholly-owned subsidiary Dogehash Technologies, Inc. highlighted by a 48% third quarter-over-se ...
Fund Adds $25 Million to Core Scientific Stake Weeks Before a Nearly 40% Selloff
The Motley Fool· 2025-12-17 22:15
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]