Core Scientific Director Purchases 7,000 Shares
Key PointsThe transaction was valued at $134,330.
Core Scientific Director Eric Stanton Weiss acquired 7,000 shares of the company's common stock on August 18, 2026, as revealed in the firm's recent SEC Form 4 filing. The transaction's value, calculated using the weighted average purchase price of $19.19, amounted to $134,300. The transaction's value, calculated using the market close price of $18.85, was $132,350.
Core Scientific, headquartered in the United States, boasts an extensive infrastructure platform with 325 employees and a market capitalization of $6 billion, making it a formidable player in the digital asset mining and blockchain infrastructure fields. The company's competitive edge lies in its owned-and-operated data centers, which are equipped with specialized computing hardware designed specifically for efficient blockchain transaction processing and digital asset mining.
With a trailing twelve-month (TTM) revenue of $440.3 million, Core Scientific has established a substantial revenue base while navigating the capital-intensive and volatile digital asset market through a diverse revenue model that combines its proprietary mining operations with third-party colocation services.
Written by urgent.news from Motley Fool's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
This story
This is one outlet's version. Read the fullest account.
