Cloud Computing
Core Scientific
Core Scientific is a former bitcoin mining company that has pivoted toward AI and high-performance-computing hosting, part of the broader trend of crypto miners repurposing power-dense facilities for AI compute demand. Its expanded CoreWeave hosting relationship now spans roughly 590 megawatts of contracted critical IT load across six sites, with new agreements projected to generate $10.2 billion in revenue over 12-year contract terms; the company holds 1.2 gigawatts of total contracted power, split between HPC/AI hosting and residual bitcoin mining operations.
Leading Indicators
Hiring and patent filing trends — the underlying numbers Momentum is computed from. Insider filing activity is tracked separately under Sources below.
Sources
Every claim traced to a primary source — evidence, recent activity, and insider filing behavior, all in one place.
Evidence
4 sources · 1 government/SEC filing · 78% avg. source confidence
- U.S. Securities and Exchange Commission (EDGAR) — Core Scientific, Inc. FY2025 Annual Report (Form 10-K), filed with the SEC95% source confidence
- Core Scientific Q1 FY2026 results — Core Scientific's CoreWeave colocation contract expands to 590 megawatts62% source confidence
- Investing.com / Core Scientific Q1 FY2026 investor materials — Core Scientific's CoreWeave AI hosting contract projected at $10.2B over 12 years78% source confidence
- CoinDesk — Core Scientific sells $208M of bitcoin in Q1 2026, plans to monetize nearly all holdings to fund AI pivot78% source confidence
Insider Filing Activity
Counts filing frequency only — transaction direction/size wasn't parseable from the sampled filings · sourced from SEC EDGAR · as of Jul 28, 2026
Dependency Map
What Core Scientific depends on below, and who depends on Core Scientific above — click any node to make it the new center, 2 levels deep.
Connection type
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The Story So Far (last 6 months)
Auto-generated from this entity's dated milestones, relationship updates, and sourced evidence — not AI-written, just sorted.