Core Scientific (CORZ) is a small-cap company that provides investors with two major business segments: cryptocurrency mining and AI data centers. The company's stock price has risen 85% over the past year. Recently, the company secured a $1 billion strategic investment from Morgan Stanley and is currently transforming to develop large-scale AI workloads while maintaining its Bitcoin mining operations. The company successfully fended off a takeover attempt by CoreWeave, which also boosted its stock performance.
Core Scientific (CORZ) is a small-cap company that provides investors with two major business segments: cryptocurrency mining and AI data centers. The company's stock price has risen 85% over the past year. Recently, the company secured a $1 billion strategic investment from Morgan Stanley and is currently transforming to develop large-scale AI workloads while maintaining its Bitcoin mining operations. The company successfully fended off a takeover attempt by CoreWeave, which also boosted its stock performance.