Core Scientific Reports $215.4 Million in Third-Quarter Colocation Revenue
Core Scientific reported third-quarter colocation revenue of $215.4 million, nearly 60% above the prior quarter, while billing 485 MW of capacity.
TL;DR: Core Scientific reported $215.4 million in third-quarter colocation revenue, nearly 60% above the prior quarter, while billing 485 MW of capacity. Its results show how an operator once known for Bitcoin mining is building a much larger business around contracted AI infrastructure.Some Bitcoi…