Core Scientific, Inc. CORZ

What this company does

Core Scientific designs, builds and operates large-scale, purpose-built data centers that support high-density colocation services and digital asset mining for both its own account and, to a lesser extent, third-party customers. As of December 31, 2025, the company owned or leased ten data centers across seven U.S. states, representing approximately 1.4 gigawatts of gross utility power capacity, or approximately 920 megawatts of total leasable customer power capacity. As of December 31, 2025, the company had 325 full-time employees. Its principal executive offices are located at 838 Walker Road, Suite 21-2105, Dover, Delaware. The company has three operating segments: Colocation, consisting of providing high-density colocation services to third parties for AI and HPC operations; Digital Asset Self-Mining, consisting of performing digital asset mining for its own account; and Digital Asset Hosted Mining, consisting of providing hosting services to third parties for digital asset mining. In 2025, the company derived the majority of its revenue from earning digital assets for its own account. Since its inception in 2017, Core Scientific has focused on building and operating high-power, purpose-built data centers, initially for digital asset mining and hosting third-party digital asset mining customers.

Written from the business description in Core Scientific, Inc./tx's annual report to the U.S. Securities and Exchange Commission, filed 2 March 2026. Every sentence was checked against that document before publication.