Core Scientific (NASDAQ: CORZ) reported a net loss of $147 million for the third quarter of 2025, despite generating $81.1 million in revenue. The company's self-mining operations contributed $57.4 million, although Bitcoin production fell by 55%. As of the end of the quarter, Core Scientific held $453 million in cash and $241 million in Bitcoin. A shareholder vote on the proposed merger with CoreWeave is scheduled for October 30.
Core Scientific Reports $147 Million Q3 Loss Amid Bitcoin Production Drop
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.

