Golden Finance reported that Bitcoin mining company Core Scientific announced its financial results for the second quarter of fiscal year 2024. Net loss was $804.9 million, compared with a net loss of $9.3 million in the same period of 2023. Total revenue was $141.1 million, compared with $126.9 million in the same period last year. Operating income was $6.6 million, compared with $9.5 million in the same period of 2023. Adjusted EBITDA was $46 million, compared with $45 million in the same period last year. The main reason for the loss was a net non-cash adjustment of $796 million to warrants and other contingent value liabilities at market value, due to a significant increase in equity value between quarters.