4h ago
Core Scientific Q4 revenue falls to $79.8 million as mining income declines and colocation expands
Core Scientific reported fourth-quarter revenue of $79.8 million, down from $94.9 million a year earlier, as bitcoin mining income fell to $42.2 million from $79.9 million. At the same time, colocation services revenue increased to $31.3 million from $8.5 million, supported by an expansion of high-density infrastructure. The company ended the year with $533.4 million in liquidity but posted a negative adjusted EBITDA of $42.7 million, and its shares slipped slightly in after-hours trading.
BTC
BTC+3.21%
4h ago
4h ago
Riot Platforms posts record $647.4 million 2025 revenue as it pivots into AI and HPC infrastructure
Riot Platforms reported that its revenue reached a record $647.4 million in 2025, up from $376.7 million in 2024, as it accelerated its shift into artificial intelligence and high-performance computing infrastructure. The bitcoin miner produced 5,686 BTC in 2025, holds over 18,000 bitcoin, and has begun generating revenue from a data center lease with AMD, while its average mining cost rose to $49,645 per bitcoin.
BTC
BTC+3.21%
4h ago
2-26
Bitcoin, Ethereum, Solana rally as 10 a.m. selloff pause eyed after Jane Street suit
Major cryptocurrencies climbed on Wednesday, adding more than $170 billion in market value and posting one of the strongest single-day rebounds in weeks. The total market cap rose roughly 8% to nearly $2.5 trillion as bitcoin briefly exceeded $70,000, with Ethereum up over 13% and Solana more than 15%. Some analysts linked the move to a pause in a "10 a.m." selloff after a Jane Street lawsuit, though no public evidence shows fixed-time sales.
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