Power & Digital Price, Forecast, Insider, Ratings, Fundamentals & Signals

New york--(business wire)--scott+scott attorneys at law llp (“scott+scott”), an international securities and consumer rights litigation firm, is investigating whether certain directors and officers of power & digital infrastructure acquisition corp. (“xpdi”) (nasdaq: xpdi); n/k/a core scientific, inc. (“core scientific”) (nasdaq: corz) breached their fiduciary duties to xpdi’s shareholders. if you were an xpdi shareholder, you may contact attorney joe pettigrew for additional information toll-free at 844-818-6982 or jpettigrew@scott-scott.com. scott+scott is investigating whether xpdi’s board of directors or executive officers breached their duties of disclosure, duties of candor, and requirements to act in good faith, and whether xpdi’s shareholders suffered damages as a result...

Austin, texas--(business wire)--core scientific, inc. (nasdaq: corz) ("core scientific" or “the company”), a leader in high-performance, net carbon neutral blockchain infrastructure and software solutions, today announced it has completed its previously announced business combination (the “transaction”) with power & digital infrastructure acquisition corp. (“xpdi”) (nasdaq: xpdi). the resulting company is named core scientific, inc. the transaction was unanimously approved by xpdi’s board of directors and was approved at a special meeting of xpdi stockholders held yesterday. redemptions totaled 36% of the xpdi class a common shares eligible to redeem, representing 29% of total shares outstanding...

Austin, texas--(business wire)--core scientific, inc. ("core scientific" or “the company”), a leader in high-performance, carbon neutral blockchain infrastructure and software solutions, today announced december updates. december bitcoin update core scientific minted 1,044 bitcoins in december, 2,498 bitcoins in the fourth quarter, and 5,769 bitcoins in the full year, representing year-over-year increases of 313%, 235% and 350%, respectively. the company held 5,296 bitcoins at year end. at year end 2021, core scientific operated a fleet of approximately 67,000 state-of-the-art asics for its own account, which represented 6.6 exahash (eh/s). the company has contracted for the delivery of more than 100,000 new asics in 2022...

Austin, texas & chicago--(business wire)--power & digital infrastructure acquisition corp. (nasdaq: xpdi, xpdiu, xpdiw) (“xpdi”), a publicly traded special purpose acquisition company, and core scientific holding co. (“core scientific”), a leader in customizable infrastructure and software solutions to large scale customers for blockchain hosting and digital asset mining, today announced that the u.s. securities and exchange commission (the “sec”) has declared effective xpdi’s registration statement on form s-4 (file no. 333-258720) relating to the previously announced proposed business combination of xpdi and core scientific (the “business combination”). xpdi will mail stockholders as of december 7, 2021 (the “record date”) the definitive proxy statement/prospectus relating to the special meeting of xpdi stockholders (the “special meeting”), to be held on january 19, 2022 at 9 a...

Austin, texas--(business wire)--core scientific holding co. ("core scientific" or “the company”), a leader in customizable infrastructure to large scale customers for blockchain hosting and digital asset mining, today announced an agreement with the city of denton, texas and an affiliate of tenaska energy, inc. to develop a 300mw blockchain data center in denton, using emissions-free power supplemented by renewable energy credits. when completed, the new denton data center will increase the company’s total power capacity to more than 800mw while remaining 100% net carbon-neutral. “denton represents our first blockchain data center in texas and gives us another opportunity to demonstrate our team’s ability to scale rapidly to meet the increasing demand for secure blockchain infrastructure hosting services and digital asset mining,” said mike levitt, chief executive officer of core scientific...

Crypto-SPAC plays generally fall below its $10 floor after merger, however, Core Scientific-XPDI merger could be different given SDIG's price spike on Bitcoin's recovery. Bitcoin mining companies remain an attractive investment given the void created by China's ban on cryptocurrency.

A special bonus edition of the Alpha Trader podcast features hosts Aaron Task and Stephen Alpher speaking with Mike Alfred, founding CEO at BrightScope Digital Assets Data, and a board member at Eaglebrook.

AUSTIN, Texas--(BUSINESS WIRE)--NORTH AMERICAN BLOCKCHAIN INFRASTRUCTURE LEADER CORE SCIENTIFIC TO EXPAND CURRENT CAPACITY WITH NEW 300MW DENTON, TEXAS DATA CENTER

AUSTIN, Texas--(BUSINESS WIRE)--ATLAS MINING SELECTS CORE SCIENTIFIC TO HOST OVER 100 MW IN NEW GENERATION MINING EQUIPMENT

SPAC Power & Digital Infrastructure Acquisition Corp. warrants underperformed its peers even after announcing its potential merger with Core Scientific Holding Inc., a leading crypto mining and hosting company.

AUSTIN, Texas and CHICAGO, Aug. 11, 2021 /PRNewswire/ -- Power & Digital Infrastructure Acquisition Corp. ("XPDI") (Nasdaq: XPDI), a publicly traded special purpose acquisition company, and Core Scientific Holding Co. ("Core Scientific"), a leader in customizable infrastructure and software solutions to large scale customers for blockchain hosting and digital asset mining, today announced the initial filing with the United States Securities and Exchange Commission (the "SEC") of a Registration Statement on Form S-4 (the "Registration Statement") containing XPDI's preliminary proxy statement/ prospectus in connection with their previously announced business combination. While the Registration Statement has not yet become effective and the information contained therein is subject to change, it provides important information about Core Scientific and the proposed business combination with XPDI (the "Transaction").

Bitcoin miner Core Scientific will go public through a SPAC merger deal with "Power & Digital Infrastructure Acquisition Corp". The company is currently the largest miner in North America while also offering hosting services and blockchain technologies powered by dedicated clean-energy infrastructure.

Another bitcoin mining company is going public. Core Scientific is planning to list on the Nasdaq through a merger with a SPAC that values the mining company at about $4.3 billion.

Core Scientific is going public.

(Reuters) -Core Scientific Holding Co said on Wednesday it would go public through a merger with a blank-check company backed by BlackRock Inc, in a deal that values the cryptocurrency miner at $4.3 billion.