Core Scientific Reports $115M Q1 Revenue, $347M Net Loss After Charges

Core Scientific reported Q1 revenue of $115 million and a net loss of $347 million. Hosting revenue rose to $77.5 million, and Core Scientific also announced a $421 million acquisition of Polaris DS LLC. Core Scientific shares fell 7% in after-hours trading and 6.25% in pre-market trading on Thursday.

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