Bitcoin Miner Core Scientific Stock Upgrade to Buy: AI Data Center Expansion Drives Growth - H.C. Wainwright Analysis

Leading Bitcoin mining company Core Scientific has received a significant stock rating upgrade from financial firm H.C. Wainwright, moving to "Buy" recommendation. This positive assessment is driven by the company's strategic expansion into artificial intelligence data center operations. The convergence of Bitcoin mining infrastructure with AI computing demands creates new revenue streams and growth potential. Core Scientific's existing mining facilities offer ideal conditions for high-performance computing required by AI applications, positioning the company to capitalize on both cryptocurrency and technology sector trends. This upgrade reflects growing institutional confidence in Bitcoin miners diversifying into emerging tech sectors.