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Upturn AI SWOT - About
Core Scientific, Inc. Tranche 2 Warrants (CORZZ)
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Upturn Advisory Summary
04/01/2025: CORZZ (3-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Moderate Performance
These Stocks/ETFs, based on Upturn Advisory, typically align with the market average, offering steady but unremarkable returns.
AI Based Fundamental Rating
Outstanding Performance
These Stocks/ETFs, based on Upturn Advisory, have historically outperformed the market, making them a top-tier choice for investors.
Analysis of Past Performance
Type Stock | Historic Profit 537.04% | Avg. Invested days 147 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  5.0 | Stock Returns Performance  5.0 |
| Profits based on simulation | Last Close 04/01/2025 |
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) 27103 | Beta - | 52 Weeks Range 1.15 - 18.56 | Updated Date 03/22/2025 |
52 Weeks Range 1.15 - 18.56 | Updated Date 03/22/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) - |
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin -257.51% | Operating Margin (TTM) -41.75% |
Management Effectiveness
Return on Assets (TTM) -0.81% | 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 252030705 |
Shares Outstanding - | Shares Floating 252030705 | ||
Percent Insiders - | Percent Institutions - |
Analyst Ratings
Rating - | Target Price - | Buy - | Strong Buy - |
Buy - | Strong Buy - | ||
Hold - | Sell - | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
Core Scientific, Inc. Tranche 2 Warrants
Company Overview
History and Background
Core Scientific, Inc. was a large-scale cryptocurrency mining company and provider of hosting solutions. The Tranche 2 Warrants were part of a financial restructuring. Founded in 2017, it grew rapidly before filing for Chapter 11 bankruptcy in December 2022 and emerging in January 2024.
Core Business Areas
- Cryptocurrency Mining: Engaged in mining digital assets, primarily Bitcoin, for its own account.
- Hosting Services: Provided infrastructure and related services to other cryptocurrency miners.
Leadership and Structure
During operations, the company had a typical corporate structure with a CEO, CFO, and board of directors. Leadership changed significantly during and after the bankruptcy process. Post-restructuring, leadership focuses on stabilizing operations and rebuilding shareholder value.
Top Products and Market Share
Key Offerings
- Bitcoin Mining: Generating Bitcoin through computational power. Market share fluctuated significantly, reaching substantial levels during peak operational times but declining during financial distress. Competitors: Marathon Digital Holdings (MARA), Riot Platforms (RIOT).
- Hosting Services: Providing data center space, power, and cooling to other mining companies. Market share varied based on capacity and contracts. Competitors: Compute North (bankrupt), Foundry Digital.
Market Dynamics
Industry Overview
The cryptocurrency mining industry is highly volatile, influenced by Bitcoin prices, regulatory changes, and technological advancements in mining hardware.
Positioning
Core Scientific was once a leading player but faced significant challenges due to energy costs, debt, and Bitcoin price fluctuations. Its competitive advantage was its scale and hosting capacity.
Total Addressable Market (TAM)
The TAM for cryptocurrency mining is dependent on the price of Bitcoin and the total Bitcoin hashrate which is expected to be around $4 Billion in 2024. Core Scientific, following bankruptcy, is positioned to regain its market share but has an uphill battle due to loss of investor confidence.
Upturn SWOT Analysis
Strengths
- Large-scale infrastructure
- Experienced management team (pre-bankruptcy)
- Established hosting services platform
- Emergence from Chapter 11
Weaknesses
- High debt burden (pre-bankruptcy)
- Vulnerability to Bitcoin price fluctuations
- High energy costs
- Damage to reputation due to bankruptcy
- Uncertainty of Tranche 2 Warrant Value
Opportunities
- Increased Bitcoin adoption
- Advancements in mining technology
- Expansion of hosting services
- Renewed investor confidence
Threats
- Bitcoin price volatility
- Regulatory changes
- Increased competition
- Rising energy costs
- Potential for further financial distress
Competitors and Market Share
Key Competitors
- MARA
- RIOT
- BITF
- CLSK
Competitive Landscape
Core Scientific faces intense competition. Its post-bankruptcy success will depend on its ability to innovate and execute its strategic plan.
Major Acquisitions
Growth Trajectory and Initiatives
Historical Growth: Rapid growth followed by financial distress.
Future Projections: Future growth dependent on Bitcoin prices, operational efficiency, and successful execution of restructuring plan.
Recent Initiatives: Focus on debt reduction, cost optimization, and rebuilding investor confidence.
Summary
Core Scientific emerged from bankruptcy with a restructured balance sheet but faces numerous challenges. Success depends on its ability to navigate the volatile cryptocurrency market, optimize operations, and rebuild investor trust. The value of the Tranche 2 Warrants is highly speculative. They need to reduce cost and focus on strategic initiatives to bring in new revenue and increase stock value.
Similar Companies
BITF
Bitfarms Ltd
BITF
Bitfarms Ltd
CLSK
CleanSpark Inc
CLSK
CleanSpark Inc
HUT
Hut 8 Corp. Common Stock
HUT
Hut 8 Corp. Common Stock
MARA
Marathon Digital Holdings Inc
MARA
Marathon Digital Holdings Inc
RIOT
Riot Blockchain Inc
RIOT
Riot Blockchain Inc
Sources and Disclaimers
Data Sources:
- Company Filings
- Industry Reports
- Market Analysis
Disclaimers:
This analysis is for informational purposes only and does not constitute financial advice. Investment decisions should be made based on individual risk tolerance and due diligence. The value of warrants is highly speculative.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
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 | Website https://corescientific.com |
Full time employees 325 | Website https://corescientific.com | ||
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.
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