Las empresas mineras de Bitcoin Core Scientific publica resultados financieros del primer trimestre: ingresos totales de 115.2 millones de dólares, pérdida neta de 347 millones de dólares

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Golden Finance report, May 7th, according to The Block, Bitcoin mining company Core Scientific announced its first quarter financial report, despite revenue and gross profit increasing year-on-year, net loss was 347 million USD due to non-cash impairment losses and fair value changes of warrants, compared to a net profit of 576 million USD in the same period last year.
The company’s total revenue for the first quarter was 115.2 million USD, higher than 79.5 million USD in the same period last year; among them, hosting revenue was about 77.5 million USD, significantly higher than 8.6 million USD in the same period last year; self-mining revenue decreased from 67.2 million USD in the same period last year to 30.1 million USD. The company stated that the decline in self-mining revenue was mainly due to a 45% reduction in Bitcoin mining volume and an 18% drop in Bitcoin average price. After the earnings report was released, Core Scientific’s stock price fell 7% in after-hours trading.

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