Is Core Scientific’s AI Pivot Working? New Investor Takes Big $22 Million Position

On November 14, asset manager VR Advisory Services disclosed a new position in Core Scientific (NASDAQ:CORZ), acquiring 1.2 million shares—an estimated $21.7 million stake.According to a filing with the U.S. Securities and Exchange Commission dated November 14, VR Advisory Services established a new position in Core Scientific (NASDAQ:CORZ), acquiring 1.2 million shares during the third quarter. The estimated value of the position at quarter-end was $21.7 million based on the closing prices at September 30.This new position accounts for 5.3% of VR Advisory Services’ reportable U.S. equity AUM as of quarter-end.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool