Core Scientific Inc
NASDAQ:CORZ

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Core Scientific Inc
NASDAQ:CORZ
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Price: 14.13 USD -2.42% Market Closed
Market Cap: 3.9B USD
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Core Scientific Inc
Tax Provision

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
TTM
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Core Scientific Inc
Tax Provision Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Tax Provision CAGR 3Y CAGR 5Y CAGR 10Y
Core Scientific Inc
NASDAQ:CORZ
Tax Provision
-$683k
CAGR 3-Years
N/A
CAGR 5-Years
N/A
CAGR 10-Years
N/A
Cloudflare Inc
NYSE:NET
Tax Provision
-$8m
CAGR 3-Years
N/A
CAGR 5-Years
-64%
CAGR 10-Years
N/A
GoDaddy Inc
NYSE:GDDY
Tax Provision
$1.2B
CAGR 3-Years
N/A
CAGR 5-Years
142%
CAGR 10-Years
71%
Snowflake Inc.
NYSE:SNOW
Tax Provision
$11.2m
CAGR 3-Years
N/A
CAGR 5-Years
N/A
CAGR 10-Years
N/A
MongoDB Inc
NASDAQ:MDB
Tax Provision
-$12.5m
CAGR 3-Years
-42%
CAGR 5-Years
N/A
CAGR 10-Years
N/A
Verisign Inc
NASDAQ:VRSN
Tax Provision
-$166.5m
CAGR 3-Years
-4%
CAGR 5-Years
N/A
CAGR 10-Years
N/A
No Stocks Found

Core Scientific Inc
Glance View

Market Cap
4B USD
Industry
Technology

Core Scientific Inc. emerged as a significant force in the digital mining landscape, specializing in blockchain infrastructure and hosting services. As one of the largest players in the industry, Core Scientific provides essential support for the booming cryptocurrency market, notably Bitcoin, by operating vast data centers that host an enormous number of high-powered computers. These computers solve complex mathematical equations, a process known as mining, which is essential for validating transactions on the blockchain and for the creation of new cryptographic coins. The firm's business model is centered around the operation and management of these data centers, leveraging economies of scale to deliver efficient and reliable crypto mining capabilities both for itself and on behalf of external clients. The company’s revenue streams are diversified across multiple verticals within the crypto ecosystem. Core Scientific makes money by offering hosting services to other miners, essentially renting out the computing power of their extensive equipment. This model provides a consistent cash flow, as clients pay for space, power, and service. At the same time, they actively mine cryptocurrencies for their own reserves, betting on the long-term appreciation of digital assets. Furthermore, they provide technical support and expertise to optimize mining operations for efficiency and profitability, thereby positioning themselves as a crucial partner in the infrastructure end of the cryptocurrency market. This dual strategy of self-mining and hosting offers multiple pathways to capitalize on the ongoing momentum in the crypto space.

CORZ Intrinsic Value
13.75 USD
Overvaluation 3%
Intrinsic Value
Price

See Also

What is Core Scientific Inc's Tax Provision?
Tax Provision
-683k USD

Based on the financial report for Dec 31, 2023, Core Scientific Inc's Tax Provision amounts to -683k USD.

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