According to Odaily, Core Scientific, a Bitcoin mining company, saw its stock price rise to $6.31, an increase of 29.57%, following the opening of the U.S. stock market. This surge in stock price comes after Core Scientific announced a 12-year contract with AI supercomputing company CoreWeave. The contract is expected to generate an average annual revenue of about $290 million for Core Scientific. Over the 12-year period, the total cumulative revenue is projected to exceed $3.5 billion.
