$1.6B annual net operating income at full ~1.1 GW billing
Company: Core Scientific
The claim, verbatim
CEO Adam Sullivan said that at full billing of the roughly 1.1 GW contracted capacity, annual net operating income is expected to average $1.6 billion.
Source (primary)
Core Scientific to Exit Bitcoin Mining by Year-End, Pivots to Pure-Play AI Data Centers - BigGo Finance (-, news_article)
View cached copy (2026-11-06)Live source ↗Archive.org ↗
Quote: “annual revenue is expected to average $1.8 billion and net operating income $1.6 billion”
How we checked this
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Additional evidence
confirms Core Scientific to Exit Bitcoin Mining by Year-End, Pivots to Pure-Play AI Data Centers - BigGo Finance
Quote: “annual revenue is expected to average $1.8 billion and net operating income $1.6 billion”