News Heat Trend
Project Overview
Core Scientific(NASDAQ:CORZ) is one of the largest providers and miners of blockchain data centers and digital assets in North America. Since 2017, Core Scientific has been operating blockchain data centers in North America, utilizing its facilities and intellectual property portfolio for hosted mining and self-mining of digital assets.
25-Year-Old AI Stock Guru Discloses Q1 Holdings: Heavy on AI Power, Computing, and Mining Stocks
former OpenAI researcher Leopold Aschenbrenner has updated the stock holdings of his "Situational Awareness Fund" as of the end of the first quarter of 2026.The disclosure shows that his major positions are concentrated in AI power, data centers, computing infrastructure, and Bitcoin mining companies. Among them, the Bloom Energy position amounts to $878.7 million, Sandisk to $724.4 million, and CoreWeave to $556.1 million.Additionally, he holds significant positions in mining companies and AI infrastructure firms such as Iren Limited, Core Scientific, Applied Digital, Riot Platforms, Cleanspark, Bitdeer, and Bitfarms and holds stocks semiconductor-related stocks including AMD, Intel, TSMC, ASML, and Micron.
Core Scientific acquires Bitcoin mining firm Polaris for $421 million to expand AI data center
Core Scientific has announced the acquisition of Oklahoma-based Bitcoin mining company Polaris DS LLC for $421 million. Through this acquisition, Core Scientific will obtain Polaris's 440-megawatt contracted power agreement with Oklahoma Gas & Electric, aiming to rapidly expand its AI business. The transaction is expected to close in the third quarter of 2026.Currently, Core Scientific is renovating and expanding its existing mining sites in Texas, Georgia, North Carolina, and Oklahoma to support high-density hosting services for AI and compute-intensive workloads. The company has already begun construction of a new 82.5-megawatt facility in Muskogee, with plans to eventually provide 1 gigawatt of leasable power at the site.
Related news
25-Year-Old “AI Stock God” Heavily Shorted Semiconductors in Q1, Continues Betting on AI Infrastructure
According to the latest 13F filing for Q1 2026 disclosed by Situational Awareness LP, the fund manager significantly increased its put option positions during the quarter, with short positions concentrated primarily in the semiconductor and AI-related sectors. The filing shows its major put options include: approximately $2.043 billion in VanEck Semiconductor ETF (SMH), $1.568 billion in NVIDIA, $1.073 billion in Oracle, $1.006 billion in Broadcom, $969 million in Advanced Micro Devices (AMD), $584 million in Micron Technology, $535 million in TSMC, and $494 million in ASML—amounting to a total of approximately $8.46 billion in disclosed put options. On the long side, the fund continues to allocate capital to AI-, power-, and digital-infrastructure-related assets. Its primary common stock holdings include Bloom Energy (~$879 million), SanDisk (~$724 million), CoreWeave (~$556 million), IREN (~$401 million), Core Scientific (~$389 million), and Applied Digital (~$320 million). Additionally, the filing reveals that the fund holds call option positions in CoreWeave, SanDisk, TSMC, Micron Technology, and Bloom Energy.
25-Year-Old AI Stock Guru Discloses Q1 Holdings: Heavy on AI Power, Computing, and Mining Stocks
former OpenAI researcher Leopold Aschenbrenner has updated the stock holdings of his "Situational Awareness Fund" as of the end of the first quarter of 2026.The disclosure shows that his major positions are concentrated in AI power, data centers, computing infrastructure, and Bitcoin mining companies. Among them, the Bloom Energy position amounts to $878.7 million, Sandisk to $724.4 million, and CoreWeave to $556.1 million.Additionally, he holds significant positions in mining companies and AI infrastructure firms such as Iren Limited, Core Scientific, Applied Digital, Riot Platforms, Cleanspark, Bitdeer, and Bitfarms and holds stocks semiconductor-related stocks including AMD, Intel, TSMC, ASML, and Micron.
Jane Street massively reduced Bitcoin ETF holdings in Q1, while increasing exposure to Ethereum ETFs and Galaxy Digital
According to the latest 13F filings, quantitative trading giant Jane Street significantly reduced its positions in several Bitcoin-related assets in the first quarter of 2026, while increasing its holdings in Ethereum ETFs and select crypto stocks.Specifically, Jane Street's holdings in BlackRock's IBIT fell by approximately 71% quarter-over-quarter to 5.9 million shares, valued at roughly $225 million. Its position in Fidelity's FBTC decreased by about 60% to roughly 2 million shares, worth approximately $115 million.Furthermore, its Strategy holdings dropped from about 968,000 shares in Q4 2025 to roughly 210,000 shares, with the position value declining from approximately $146 million to around $27 million. The firm also reduced its stakes in Bitcoin mining companies such as IREN, Cipher Mining, TeraWulf, and Core Scientific.On the other hand, Jane Street significantly increased its Ethereum ETF holdings, with combined new positions in BlackRock's ETHA and Fidelity's ETH funds totaling approximately $82 million. Simultaneously, its positions in Riot Platforms, Coinbase, and Galaxy Digital all increased. Notably, the Galaxy Digital position surged from roughly 17,000 shares to about 1.5 million shares.
Bitcoin mining company Core Scientific posted a net loss of $347.2 million in Q1, with its stock falling 7% after hours.
According to The Block, Bitcoin mining company Core Scientific released its Q1 financial results. Although revenue for Q1 2026 rose year-on-year to $115.2 million and gross profit increased to $30.1 million, the company reported a net loss of $347.2 million for the quarter, compared to net income of $576.3 million in the same period last year. The company attributed the loss primarily to a $266.5 million non-cash impairment charge and a $30.8 million non-cash loss related to changes in the fair value of warrants and contingent value rights. By business segment,托管 revenue rose to approximately $77.5 million, while self-mining revenue declined from $67.2 million to $30.1 million. Following the earnings release, Core Scientific’s stock fell 7% after market close on May 6.
Core Scientific acquires Bitcoin mining firm Polaris for $421 million to expand AI data center
Core Scientific has announced the acquisition of Oklahoma-based Bitcoin mining company Polaris DS LLC for $421 million. Through this acquisition, Core Scientific will obtain Polaris's 440-megawatt contracted power agreement with Oklahoma Gas & Electric, aiming to rapidly expand its AI business. The transaction is expected to close in the third quarter of 2026.Currently, Core Scientific is renovating and expanding its existing mining sites in Texas, Georgia, North Carolina, and Oklahoma to support high-density hosting services for AI and compute-intensive workloads. The company has already begun construction of a new 82.5-megawatt facility in Muskogee, with plans to eventually provide 1 gigawatt of leasable power at the site.
Bitcoin mining company Core Scientific pivots to AI data centers, advancing 1.5GW data center project
Bitcoin mining company Core Scientific has announced the transformation of its mining facility in Pecos, Texas, into a high-density AI colocation data center, with a planned total power capacity of 1.5GW, of which approximately 1GW will be available for external leasing. As part of this transition, about 300MW of the site's mining capacity will be reallocated for data center operations. The first data hall has completed foundation work and entered the main construction phase, with operations expected to commence in early 2027.To support the expansion plan, the company has acquired over 200 acres of land locally and intends to raise over $4 billion in total through the issuance of $3.3 billion in senior secured notes and a previously secured $1 billion credit facility from Morgan Stanley. These funds will be used to advance data center construction in Texas, Georgia, North Carolina, and Oklahoma. (Cointelegraph)