Core Scientific, Inc./tx
Kenneth Griffin and affiliated Citadel entities filed a Schedule 13G disclosing passive beneficial ownership in Core Scientific, Inc. (CORZ). Griffin may be deemed to own 20,850,479 shares, 6.5%. Citadel Securities LLC may own 12,122,241 shares, 3.8%, and Citadel Securities Group LP and GP LLC each 15,649,788 shares, 4.9%.
Bernstein analysts said Texas Governor Greg Abbott’s moratorium on approving ERCOT-linked data centers pending audits is unlikely to affect Bitcoin miners with already-approved electricity contracts in Texas. Abbott ordered audits of data centers seeking grid connections. Bernstein cited potential exposure for Cipher Digital (CIFR), Core Scientific (CORZ), and CleanSpark (CLSK).
Bitcoin mining is facing a prolonged downturn, with difficulty down about 19.9% from its peak over roughly 287 days, according to Bitcoin Magazine Pro. Poolin and two affiliates filed for Chapter 11 in New Jersey, citing about $173 million owed, including $164 million to Poolin Wallet users, per TheEnergyMag. Some miners report AI and data-center leasing deals, including Hut 8’s $26.6B contracted AI portfolio and Core Scientific’s $24B+ potential revenue.
Over the past 7 days, alphai's AI scored 4 news stories mentioning CORZ (Core Scientific, Inc./tx). Coverage has skewed bullish: 2 bullish, 2 neutral, and 0 bearish.
Recent CORZ coverage spans financial news, crypto and sector analysis.
In the last 30 days, CORZ insiders filed 9 SEC Form 4 transactions — no purchases and 9 sales ($879K). The most active reporter was DUCHENE TODD M, See remarks, with 9 filings. 100% of activity was filed under pre-arranged Rule 10b5-1 plans.
New disclosed passive stake by Griffin and Citadel entities can shift perceived ownership concentration and trading attention, though it is not a control filing.
CORZ faces incremental risk to growth timelines if Texas approval bottlenecks persist, though the article says approved capacity contracts should remain intact.
A large, long-tenor customer capacity deal strengthens contracted revenue outlook and reduces reliance on coin margins.
A large, long-duration AI data-center lease with a major chipmaker is a material revenue catalyst and supports backlog visibility.
The deal is a major contracted-revenue catalyst for CORZ, with upside tied to optioned capacity and incremental warrant vesting.
alphai scores every news story that mentions CORZ with an AI model for sentiment and relevance, and aggregates insider trades from Core Scientific, Inc./tx's SEC EDGAR Form 4 filings. Figures refresh continuously.
Kenneth Griffin and affiliated Citadel entities filed a Schedule 13G disclosing passive beneficial ownership in Core Scientific, Inc. (CORZ). Griffin may be deemed to own 20,850,479 shares, 6.5%. Citadel Securities LLC may own 12,122,241 shares, 3.8%, and Citadel Securities Group LP and GP LLC each 15,649,788 shares, 4.9%.
2 min readBernstein analysts said Texas Governor Greg Abbott’s moratorium on approving ERCOT-linked data centers pending audits is unlikely to affect Bitcoin miners with already-approved electricity contracts in Texas. Abbott ordered audits of data centers seeking grid connections. Bernstein cited potential exposure for Cipher Digital (CIFR), Core Scientific (CORZ), and CleanSpark (CLSK).
3 min readBitcoin mining is facing a prolonged downturn, with difficulty down about 19.9% from its peak over roughly 287 days, according to Bitcoin Magazine Pro. Poolin and two affiliates filed for Chapter 11 in New Jersey, citing about $173 million owed, including $164 million to Poolin Wallet users, per TheEnergyMag. Some miners report AI and data-center leasing deals, including Hut 8’s $26.6B contracted AI portfolio and Core Scientific’s $24B+ potential revenue.
7 min readCrypto markets stayed rangebound as Bitcoin traded around $60,000 to $65,000, with BTC at about $62,850 on July 31. Ethereum, Solana, and Dogecoin also sat below key resistance. Coinbase shares fell 6% after a wider-than-expected loss and $1.2B revenue. Circle secured a New York trust charter; Strategy raised cash to $3.75B without changing BTC holdings.
7 min readCore Scientific (CORZ) said it signed a 15-year AI infrastructure partnership with AMD (AMD) covering 529 MW of U.S. capacity, with potential contracted revenue above $14B. AMD can reserve an additional 1,925 MW through Dec. 28, 2028, deploying from 2027. Warrants allow AMD to buy up to 30M CORZ shares at $23.47.
5 min readReports say Citadel bought a large portion of Situational Awareness’s public stock portfolio after the hedge fund’s July AI-market losses. Situational reportedly retained about $10B in assets, including an Anthropic stake, and agreed to sell $3.5B of Anthropic shares before withdrawing. The fund fell about 67% in July, per WSJ, citing a letter to investors.
6 min readNine months ago, Core Scientific shareholders turned down real money. They rejected a $9 billion buyout offer from CoreWeave, according to CNBC. Shareholders bet the company was worth more standing alone. On Tuesday, that bet started to look prescient. AMD agreed to lease more than 500 megawatts of Core Scientific's U.S. data center capacity, according to a press release from the companies. The stock market did not treat the news as a simple win for either side.
6 min readFinancial Times reports hedge fund Situational Awareness, founded in 2024 by ex-OpenAI researcher Leopold Aschenbrenner, is seeking fresh capital after heavy losses during July’s AI stock sell-off. The fund holds about $1.11B in Bitcoin miner stock positions, including IREN, Core Scientific, Riot Platforms and CleanSpark, and used borrowing that amplified losses. Loss size and capital sought were not disclosed.
4 min readKBW upgraded Core Scientific (NASDAQ: CORZ) to Outperform from Market Perform, citing its 529 MW AMD lease package. KBW raised its price target to $28 from $25, implying 35% total return. The 15-year deals include 377 MW triple-net to AMD and 152 MW modified-gross to a neocloud, with potential $14B base contracted revenue. KBW also lifted 2027 EBITDA to $629.7M.
6 min readAnalysts issued multiple rating changes. Humana (HUM) was upgraded by Leerink to Outperform with a $513 target and by Piper Sandler to Overweight with a $463 target. Bloom Energy (BE), Sprouts (SFM), uniQure (QURE), and Core Scientific (CORZ) also saw upgrades. Las Vegas Sands (LVS) was downgraded to Hold by Argus. Other actions included P&G (PG), SiteOne (SITE), Capricor (CAPR), and Fannie Mae (FNMA).
3 min read
