Q3 2026 net income $1.18B from warrant fair-value gain
Company: Core Scientific
The claim, verbatim
Net income was $1.18 billion, driven mainly by a non-cash gain from the change in fair value of warrants, after a $1.16 billion Q2 net loss.
Source (primary)
Core Scientific Holds Just $2.7M in Digital Assets as Colocation Booms - CoinMarketCap (-, news_article)
View cached copy (2026-11-12)Live source ↗Archive.org ↗
Quote: “Net income was $1.18 billion, driven primarily by a non-cash gain from the change in fair value of warrants, after a $1.16 billion loss in the second quarter.”
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Additional evidence
confirms Core Scientific Holds Just $2.7M in Digital Assets as Colocation Booms - CoinMarketCap
Quote: “Net income was $1.18 billion, driven primarily by a non-cash gain from the change in fair value of warrants, after a $1.16 billion loss in the second quarter.”