Core Scientific reported a decrease in fourth-quarter revenue to $79.8 million, down from $94.9 million the previous year, primarily due to a significant drop in Bitcoin mining revenue. The company's Bitcoin mining revenue fell to $42.2 million from $79.9 million, as it shifted focus towards high-density hosting services. Despite the decline in mining revenue, hosting service revenue surged to $31.3 million from $8.5 million, driven by expansion in this area. The company's gross profit for the quarter rose to $20.8 million from $4.8 million, although adjusted EBITDA was negative $42.7 million. Core Scientific's liquidity at the end of the year stood at $533.4 million, comprising $311.4 million in cash and equivalents and $222 million in Bitcoin.