๐ข ๐๐จ๐ฆ๐ง ๐๐ก: $Core Scientific, Inc.(CORZ.US) Core Scientific Completes $444 Million Polaris Acquisition, Securing 440 MW of Power
๐ ๐๐ฒ๐ ๐๐ถ๐ด๐ต๐น๐ถ๐ด๐ต๐๐:โค ๐๐ผ๐ฟ๐ฒ ๐ฆ๐ฐ๐ถ๐ฒ๐ป๐๐ถ๐ณ๐ถ๐ฐ completes its acquisition of ๐ฃ๐ผ๐น๐ฎ๐ฟ๐ถ๐ ๐๐ฆ ๐๐๐.โค Acquisition price totaled approximately $๐ฐ๐ฐ๐ฐ ๐บ๐ถ๐น๐น๐ถ๐ผ๐ป in cash.โค Deal secures approximately ๐ฐ๐ฐ๐ฌ ๐ ๐ช of grid-connected power capacity.โค Power is supplied under existing agreements with ๐ข๐ธ๐น๐ฎ๐ต๐ผ๐บ๐ฎ ๐๐ฎ๐ & ๐๐น๐ฒ๐ฐ๐๐ฟ๐ถ๐ฐ.โค ๐ฎ๐ฌ๐ฎ๐ฒ site acquisitions have added over ๐ฒ๐ฌ๐ฌ ๐ ๐ช of leasable power.โค Core Scientific targets approximately ๐ญ.๐ฑ ๐๐ช gross power at Muskogee.โค Muskogee is planned to provide approximately ๐ญ.๐ฌ ๐๐ช leasable power.โค Next approximately ๐ด๐ฎ ๐ ๐ช delivery is targeted from ๐๐ฎ ๐ฎ๐ฌ๐ฎ๐ณ.๐ ๐ช๐ต๐ ๐ง๐ต๐ถ๐ ๐ ๐ฎ๐๐๐ฒ๐ฟ๐:โค Adds substantial power capacity for expanding ๐ต๐ถ๐ด๐ต-๐ฑ๐ฒ๐ป๐๐ถ๐๐ ๐ฐ๐ผ๐น๐ผ๐ฐ๐ฎ๐๐ถ๐ผ๐ป infrastructure.โค Strengthens Core Scientific's ability to scale power-intensive ๐๐ ๐ฑ๐ฎ๐๐ฎ ๐ฐ๐ฒ๐ป๐๐ฒ๐ฟ workloads.โค Muskogee's planned ๐ญ.๐ฑ ๐๐ช scale significantly expands future deployment potential.โค Secured grid capacity can support Core Scientific's ๐น๐ผ๐ป๐ด-๐๐ฒ๐ฟ ๐ด๐ฟ๐ผ๐๐๐ต strategy.๐ ๐๐ ๐ฝ๐ฒ๐ฟ๐ ๐ฆ๐๐ฎ๐๐ฒ๐บ๐ฒ๐ป๐:๐๐ฑ๐ฎ๐บ ๐ฆ๐๐น๐น๐ถ๐๐ฎ๐ป, Chief Executive Officer of Core Scientific:โThe Polaris acquisition is another example of how we are strategically expanding our power portfolio to support our long-term growth. Through site acquisitions this year, we have added more than 600 MW of leasable power to our portfolio, while continuing to further scale our campuses.โ
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$Core Scientific, Inc.(CORZ.US) | Freedom Broker ๐๐ฝ๐ด๐ฟ๐ฎ๐ฑ๐ฒ๐ ๐๐ผ๐ฟ๐ฒ ๐ฆ๐ฐ๐ถ๐ฒ๐ป๐๐ถ๐ณ๐ถ๐ฐ ๐๐ป๐ฐ. from Hold to ๐๐๐, PT $๐ฏ๐ฏ
Analyst sees an improved story after a 40% stock drop, citing the addition of AMD as a major partner and progress on its CoreWeave power contract. - H
๐ข ๐๐จ๐ฆ๐ง ๐๐ก: AMD and Core Scientific Partner on AI Infrastructure With Up to ๐ฎ.๐ฑ ๐๐ถ๐ด๐ฎ๐๐ฎ๐๐๐ of Capacity - $AMD(AMD.US) $Core Scientific, Inc.(CORZ.US)
๐ ๐๐ฒ๐ ๐๐ถ๐ด๐ต๐น๐ถ๐ด๐ต๐๐:โค ๐๐ ๐ and ๐๐ผ๐ฟ๐ฒ ๐ฆ๐ฐ๐ถ๐ฒ๐ป๐๐ถ๐ณ๐ถ๐ฐ announce a strategic AI infrastructure partnership.โค AMD secures more than ๐ฑ๐ฌ๐ฌ ๐บ๐ฒ๐ด๐ฎ๐๐ฎ๐๐๐ of U.S. AI-ready capacity starting in ๐ฎ๐ฌ๐ฎ๐ณ.โค Partnership includes an option to expand capacity up to ๐ฎ.๐ฑ ๐ด๐ถ๐ด๐ฎ๐๐ฎ๐๐๐.โค Infrastructure will support customer deployments of ๐๐ ๐ ๐๐ solutions.โค Companies will collaborate on AI data center design and deployment.โค Deployment will feature ๐๐ ๐ ๐๐ป๐๐๐ถ๐ป๐ฐ๐ GPUs, ๐๐ฃ๐ฌ๐ CPUs, and ๐ฅ๐ข๐๐บ software.โค AMD will receive market-priced warrants to purchase ๐๐ผ๐ฟ๐ฒ ๐ฆ๐ฐ๐ถ๐ฒ๐ป๐๐ถ๐ณ๐ถ๐ฐ common stock.โค Partnership expands AI infrastructure as demand for compute continues to accelerate.๐ ๐ช๐ต๐ ๐ง๐ต๐ถ๐ ๐ ๐ฎ๐๐๐ฒ๐ฟ๐:โค Strengthens ๐๐ ๐'s AI infrastructure ecosystem and cloud deployment capabilities.โค Expands available capacity for enterprises and cloud providers adopting AMD AI platforms.โค Positions ๐๐ผ๐ฟ๐ฒ ๐ฆ๐ฐ๐ถ๐ฒ๐ป๐๐ถ๐ณ๐ถ๐ฐ as a key AI data center infrastructure provider.โค Highlights growing competition with ๐ก๐ฉ๐๐๐๐ in AI compute infrastructure.๐ ๐๐ ๐ฝ๐ฒ๐ฟ๐ ๐ฆ๐๐ฎ๐๐ฒ๐บ๐ฒ๐ป๐๐:๐ ๐ฎ๐๐ต๐ฒ๐ ๐๐ฒ๐ถ๐ป, Senior Vice President and Chief Strategy Officer of Corporate Development at AMD:"AI deployments are accelerating rapidly, and bringing that compute online requires trusted infrastructure partners with the scale and power to support the next era of AI. Core Scientific's extensive portfolio of AI-ready data centers expands access to the infrastructure our customers need to deploy AMD AI solutions at scale. Together, we are helping model builders, cloud providers and enterprises accelerate AI adoption while strengthening the AMD ecosystem.โ๐๐ฑ๐ฎ๐บ ๐ฆ๐๐น๐น๐ถ๐๐ฎ๐ป, Chief Executive Officer of Core Scientific:โWe are proud to establish a strategic relationship with AMD and support the continued deployment of its next-generation products. Our proven execution capabilities and ability to deliver high-density infrastructure at scale position us to support AMDโs technology roadmap and grow our relationship meaningfully over time.โ - H
BTIG analyst Gregory Lewis raised the price target on Riot Platforms Inc., Cipher Mining Inc, WhiteFiber, Inc., Core Scientific Inc., Hut 8 Corp.
$Riot Platforms(RIOT.US) $Cipher Digital(CIFR.US) $Whitefiber(WYFI.US) $Core Scientific, Inc.(CORZ.US) $Hut 8 Mining(HUT.US) - P
Doing extensive analysis on the wider neocloud ecosystem.
I'm curious: which one of these names is your favourite?Ranked by market cap:$Hut 8 Mining(HUT.US) @ $13.38B$Galaxy Digital(GLXY.US) @ $13.01B$Terawulf(WULF.US) @ $12.91B$Applied Digital(APLD.US) @ $12.20B$Cipher Digital(CIFR.US) @ $10.02B$Core Scientific, Inc.(CORZ.US) @ $8.77B$CleanSpark(CLSK.US) @ $4.23B$SharonAI(SHAZ.US) @ $1.04B$HIVE Digital Tech(HIVE.US) @ $1.38B CAD$Whitefiber(WYFI.US) @ $953MAny others I should look into?Other than the obvious $Nebius(NBIS.US) / $Coreweave(CRWV.US) / $IREN(IREN.US) type names.Disclosure: - I personally hold positions in a lot of these companies from 2025.- Current research is to identify the ones to increase concentration in / start new positions in. - X
Leopold Aschenbrenner's positions are finally out โ the latest equity holdings of the Situational Awareness Fund:
$878.7M โ Bloom Energy $Bloom Energy(BE.US)
$724.4M โ SanDisk $Sandisk(SNDK.US)
$556.1M โ CoreWeave $Coreweave(CRWV.US)
$401M โ Iren Limited $IREN(IREN.US)
$389.1M โ Core Scientific $Core Scientific, Inc.(CORZ.US)
$320M โ Applied Digital $Applied Digital(APLD.US)
$142.2M โ Riot Platforms $Riot Platforms(RIOT.US)
$104.5M โ CleanSpark $CleanSpark(CLSK.US)
$62.5M โ Solaris $Solaris Energy Infrastructure(SEI.US)
$43.9M โ T1 Energy $T1 Energy(TE.US)
$38.8M โ Bitfarms
$29.8M โ Bitdeer $Bitdeer Tech(BTDR.US)
$26.3M โ Power Solutions $Power Solutions(PSIX.US)
$21M โ Corning $Corning(GLW.US)
$20.9M โ WhiteFiber $Whitefiber(WYFI.US)
$20.2M โ $AMD(AMD.US)
$19.9M โ Babcock and Wilcox $Babcock & Wilcox(BW.US)
$18.1M โ SharonAI $SharonAI(SHAZ.US)
$13.1M โ ProPetro $ProPetro(PUMP.US)
$10.3M โ $VanEck Semiconductor ETF(SMH.US)
$8.9M โ Intel $Intel(INTC.US)
$7.6M โ Taiwan Semi $Taiwan Semiconductor(TSM.US)
$6.4M โ Hive Digital $HIVE Digital Tech(HIVE.US)
$6.1M โ $ASML(ASML.US)
$5.9M โ Micron $Micron Tech(MU.US)
1. The most notable change is the substantial new/increased positions in Bitcoin mining stocks and power infrastructure stocks, including CLSK CleanSpark ($104.5M), TE T1 Energy ($43.9M), PSIX Power Solutions ($26.3M), BW Babcock & Wilcox ($19.9M), SHAZ SharonAI ($18.1M), PUMP ProPetro ($13.1M), as well as Bitfarms ($38.8M) and BTDR Bitdeer ($29.8M).
2. New or significantly increased positions were established in a number of smaller semiconductor-related holdings: AMD ($20.2M), TSM Taiwan Semi ($7.6M), ASML ($6.1M), MU Micron ($5.9M), the Semiconductor ETF SMH ($10.3M), and INTC Intel ($8.9M).
This suggests the fund is taking a more refined approach to specific segments of the AI supply chain โ such as advanced-node manufacturing, memory, and equipment. Whereas the fund may previously have held a cautious or hedged stance on semiconductors as a whole, this quarter it has shifted to a partially bullish view on select names. This looks more like a risk rebalancing move than a major directional change.
3. The portfolio is pivoting toward a more focused combination of miners + energy + data centers.
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Q1 2026 13F Highlights: 5 Top Funds in 5 Minutes
15 May was the SEC 13F deadline for Q1 2026. Five top managers I think are worth a read. Here's what changed, in plain SG-investor language.
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$Core Scientific, Inc.(CORZ.US) | ๐๐จ๐ซ๐ ๐๐๐ข๐๐ง๐ญ๐ข๐๐ข๐: BTIG maintains ๐๐ฎ๐ฒ, raises ๐๐ ๐ญ๐จ $๐๐
Analyst sees expanding power capacity and HPC infrastructure driving incremental AI data center opportunities. - W
The AI power bottleneck is turning miners into infrastructure plays $Core Scientific, Inc.(CORZ.US)
