Core Scientific Director Purchases 7,000 Shares
Even as the stock price continues to climb, this insider wanted more shares.
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.
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