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- เผยแพร่เมื่อ 15 มิ.ย. 2024
- Adam Sullivan, CEO of Core Scientific, outlined the company's focus on creating shareholder value through extensive infrastructure in bitcoin mining and high-performance computing (HPC). The company is a leader in these sectors, with 1.2 gigawatts of power and advanced data center facilities across multiple U.S. locations. They are reallocating 700 megawatts of their infrastructure to support the growing HPC market, driven by increasing AI compute demand. A significant contract with CoreWeave will generate $3.5 billion in revenue over 12 years, highlighting Core Scientific's shift towards more stable, long-term cash flows. The company continues to leverage its expertise in data center operations and technology, planning to capitalize on future opportunities in the HPC sector. Despite the shift, Core Scientific remains committed to its bitcoin mining business, aiming to balance and diversify its revenue streams. Overall, the company is positioned for significant growth and expansion in the data center industry.
New Hosting Contracts: A significant deal with CoreWeave has been signed, involving 200 megawatts of HPC infrastructure and projected to generate $3.5 billion in revenue over 12 years.
Future Growth: The company aims to use its bitcoin mining base as a foundation to expand into the HPC market, expecting to generate over $8 billion in revenue over 12 years from the full 500 megawatts allocated for HPC hosting.
Strategic Goals: Core Scientific plans to balance financial performance, increase earnings, and leverage their technological capabilities to create a new model for data centers, accelerating growth and shareholder value.
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