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@ c2159903:bd2a3113
2025-05-07 21:43:31Core Scientific Q1 2025: Net income $581M (+$370M YoY) boosted by a $622M non-cash adjustment. Revenue down 55.6% to $79.5M. Adjusted EBITDA -$6.1M. Expects 250MW hosting capacity for CoreWeave by end of 2025, potentially $360M annual revenue by 2026. #crypto #blockchain #news